# Soybean crush values soar as demand and renewable diesel use grow | Profitability | farmweeknow.com

> DTN analyst Todd Hultman reports that U.S. soybean crush values are surging as renewable diesel plants add processing capacity. The U.S. is expected to plant a record 91 million acres of soybeans and may carry only about 200 million bushels into the new crop. Cash beans are trading above $16 per bushel across much of the Midwest.

- Date: 2022-05-02 · published 2022-05-02T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/41489-soybean-crush-values-soar-as-demand-and-renewable-diesel-use-grow-profitability
- 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

New renewable diesel-driven crush capacity pulls more soybeans into processing, tightening bean supplies and lifting soybean oil demand. The extra crush also adds meal supply, which can pressure meal prices.

## Read by commodity

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

## Sources

- farmweeknow.com: https://www.farmweeknow.com/profitability/soybean-crush-values-soar-as-demand-and-renewable-diesel-use-grow/article_6d9c10c6-ca2a-11ec-81c7-47f60bc2be3e.html

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