# USDA increases soybean product ending stocks estimates - Brownfield Ag News

> USDA's May WASDE raised old-crop soybean meal ending stocks to 400,000 short tons and soybean oil ending stocks to 1.82 billion pounds, with higher average farm price estimates for both. The report also lifted 2021/22 soybean product production, trade and demand projections.

- Date: 2021-05-13 · published 2021-05-13T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/47160-usda-increases-soybean-product-ending-stocks-estimates-brownfield-ag-news
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Higher old-crop meal and oil stocks ease near-term tightness, but raised farm price estimates signal continued strong demand. The new-crop outlook points to larger supplies and trade flows for feed buyers.

## Read by commodity

- SBM: bearish ▼
- SBO: neutral
- SOY: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBM | 2021-05-12 | 1 | -4.8% | -4.1 | The WASDE raised soybean meal ending stocks and 2021/22 product production, which points to ample meal supply and pressured meal prices, though the article is dated a day later. |
| SBM | 2021-05-17 | 5 | -7.9% | -3.3 | WASDE raised old-crop and new-crop soybean meal ending stocks and production projections, which is bearish for meal. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2025-04-10 | [CONAB raises Brazil soybean, corn crop estimates - Brownfield Ag News](https://feedsoft.ai/events/13499-conab-raises-brazil-soybean-corn-crop-estimates-brownfield-ag-news.md) | +1.1% | -2.3% |
| SBM | 2018-08-08 | [Bigger crop estimates send soybeans, corn lower - Brownfield Ag News](https://feedsoft.ai/events/8653-bigger-crop-estimates-send-soybeans-corn-lower-brownfield-ag-news.md) | +0.7% | -8.0% |
| SBM | 2019-06-28 | [Soybean stocks at record levels - Brownfield Ag News](https://feedsoft.ai/events/58538-soybean-stocks-at-record-levels-brownfield-ag-news.md) | -2.7% | -2.9% |
| SBM | 2025-09-12 | [USDA Ups Corn and Soybean Production Estimates](https://feedsoft.ai/events/22795-usda-ups-corn-and-soybean-production-estimates.md) | -1.4% | -5.4% |
| SBM | 2021-10-12 | [USDA officials increase soybean, corn yield estimates \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/44382-usda-officials-increase-soybean-corn-yield-estimates-agri-pulse-communications.md) | +0.3% | +3.1% |
| SBO | 2024-11-01 | [Soybean crush, corn for ethanol use up on year - Brownfield Ag News](https://feedsoft.ai/events/27503-soybean-crush-corn-for-ethanol-use-up-on-year-brownfield-ag-news.md) | +5.9% | -3.9% |
| SBO | 2024-04-12 | [USDA increased the estimate of world production of vegetable oils](https://feedsoft.ai/events/30861-usda-increased-the-estimate-of-world-production-of-vegetable-oils.md) | -4.6% | -7.0% |
| SBO | 2025-05-26 | [Datagro raises estimate for soybean and corn production 2024/25 - Revista Cultivar](https://feedsoft.ai/events/13497-datagro-raises-estimate-for-soybean-and-corn-production-2024-25-revista-cultivar.md) | -2.4% | +3.4% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/usda-increases-soybean-product-ending-stocks-estimates/

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