# Rising crush demand sparks cut to U.S. soy supply view | Financial Post

> USDA's February WASDE cut US soybean 2021/22 ending stocks to 325 million bushels, 40 million below January's outlook but above the market average. USDA also lowered its China soybean import forecast to 97 million tonnes and cut Brazil's crop estimate to 134 million tonnes.

- Date: 2022-02-09 · published 2022-02-09T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/42733-rising-crush-demand-sparks-cut-to-u-s-soy-supply-view-financial-post
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A smaller US supply forecast driven by crush demand supports soybean and soymeal prices, though the lower China import outlook limits upside.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-09-10 | [Lower U.S. crop condition rating lifts corn, soy and wheat also rise \| Financial Post](https://feedsoft.ai/events/9146-lower-u-s-crop-condition-rating-lifts-corn-soy-and-wheat-also-rise-financial.md) | +6.5% | +8.3% |
| SOY | 2021-06-30 | [Corn, soy extend rally after USDA acreage surprise \| Financial Post](https://feedsoft.ai/events/46087-corn-soy-extend-rally-after-usda-acreage-surprise-financial-post.md) | +2.0% | +5.3% |
| SOY | 2022-10-12 | [Soybeans rally after USDA cuts U.S. harvest outlook \| Financial Post](https://feedsoft.ai/events/39163-soybeans-rally-after-usda-cuts-u-s-harvest-outlook-financial-post.md) | -0.3% | +4.9% |
| SOY | 2020-06-30 | [Corn, soy climb on smaller-than-expected USDA acreage view \| Financial Post](https://feedsoft.ai/events/52675-corn-soy-climb-on-smaller-than-expected-usda-acreage-view-financial-post.md) | +3.3% | +3.5% |
| SOY | 2020-09-30 | [Corn, soy, wheat surge on lower-than-expected U.S. grain stocks \| Financial Post](https://feedsoft.ai/events/8786-corn-soy-wheat-surge-on-lower-than-expected-u-s-grain-stocks-financial-post.md) | +5.1% | +9.0% |
| SBM | 2021-06-30 | [Corn, soy extend rally after USDA acreage surprise \| Financial Post](https://feedsoft.ai/events/46087-corn-soy-extend-rally-after-usda-acreage-surprise-financial-post.md) | +1.8% | +2.3% |
| SBM | 2022-10-12 | [Soybeans rally after USDA cuts U.S. harvest outlook \| Financial Post](https://feedsoft.ai/events/39163-soybeans-rally-after-usda-cuts-u-s-harvest-outlook-financial-post.md) | -1.2% | +1.9% |
| SBM | 2026-08-18 | [Soy demand rises to meet large crop](https://feedsoft.ai/events/17987-soy-demand-rises-to-meet-large-crop.md) | +3.4% | +12.3% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/rising-crush-demand-sparks-cut-to-u-s-soy-supply-view

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