# High crush margins drive rapid expansion

> Analyst Ed Usset notes that announced US soybean crush expansions could reach about 600 million bushels of added annual capacity, roughly 25% to 33% of current capacity. The expansion is driven by anticipated renewable diesel demand and supported by currently high crush margins.

- Date: 2023-12-20 · published 2023-12-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/32786-high-crush-margins-drive-rapid-expansion
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Growing crush capacity increases demand for soybeans and generates more soymeal supply, tying soybean prices to biofuel demand and pressuring meal values over time.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲
- SOY: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/soybean/high-crush-margins-drive-rapid-expansion

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.