# Cargill to boost U.S. soy crush capacity, plant efficiency as food, biofuel demand rises | Reuters

> Cargill announced a $475 million investment to expand U.S. soybean crush capacity and improve plant efficiency in seven states. U.S. processors are crushing soybeans at a record pace. Soybean prices are at their highest in over six years as stocks are projected to fall to about 9.5 days of supply.

- Date: 2021-03-04 · published 2021-03-04T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/48145-cargill-to-boost-u-s-soy-crush-capacity-plant-efficiency-as-food-biofuel-demand
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Expanded crush capacity increases demand for soybeans and raises meal and oil output, supporting soybean prices. Tight U.S. stocks suggest continued upward pressure on soybeans and soybean meal.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-08-29 | [Soybeans rise as demand for US exports blows past expectations](https://feedsoft.ai/events/28786-soybeans-rise-as-demand-for-us-exports-blows-past-expectations.md) | +5.2% | +8.6% |
| SOY | 2024-12-23 | [U.S. soybean meal reaches record exports, driven by increased crush capacity and global demand - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/11402-u-s-soybean-meal-reaches-record-exports-driven-by-increased-crush-capacity-and.md) | +0.8% | +8.4% |
| SOY | 2022-02-23 | [With fertilizer costs high and seeds scarce, U.S. farmers turn to soy \| Reuters](https://feedsoft.ai/events/42759-with-fertilizer-costs-high-and-seeds-scarce-u-s-farmers-turn-to-soy-reuters.md) | +4.3% | +3.8% |
| SOY | 2023-07-17 | [China to buy more Brazilian soybeans for Q4 as U.S. crop suffers - traders \| Reuters](https://feedsoft.ai/events/14826-china-to-buy-more-brazilian-soybeans-for-q4-as-u-s-crop-suffers-traders-reuters.md) | +0.4% | -6.3% |
| SOY | 2021-05-13 | [China's record soybean demand forecast to support prices till 2022: sources](https://feedsoft.ai/events/47090-china-s-record-soybean-demand-forecast-to-support-prices-till-2022-sources.md) | -7.4% | -7.0% |
| SBM | 2023-11-08 | [Argentina’s poor crush capacity shifts soymeal demand to US](https://feedsoft.ai/events/13947-argentina-s-poor-crush-capacity-shifts-soymeal-demand-to-us.md) | +5.2% | -4.5% |
| SBM | 2022-01-21 | [U.S. Soy Meal Exports soar as Biofuel frenzy boosts bean crush \| Air Freight News](https://feedsoft.ai/events/43212-u-s-soy-meal-exports-soar-as-biofuel-frenzy-boosts-bean-crush-air-freight-news.md) | +0.6% | +10.5% |
| SBM | 2025-09-18 | [Trump trade war fallout hits Argentine soy crushers despite export boom \| Reuters](https://feedsoft.ai/events/13830-trump-trade-war-fallout-hits-argentine-soy-crushers-despite-export-boom-reuters.md) | -3.8% | -2.8% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2021-03-29/world-s-top-agriculture-traders-gear-up-for-green-diesel-boom
- reuters.com: https://www.reuters.com/article/business/cargill-to-boost-us-soy-crush-capacity-plant-efficiency-as-food-biofuel-dema-idUSL2N2L201I/

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