# USDA Reports Record Oilseed Crushing | Feed & Grain

> USDA data showed U.S. soybean crush in November at 191 million bushels, a record for the month and up from 174.6 million a year earlier, though slightly below expectations. Crush for the first quarter of the marketing year reached 559 million bushels, 35 million above last year. Argentine rain was also noted as insufficient for dry topsoil.

- Date: 2021-01-05 · published 2021-01-05T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/49250-usda-reports-record-oilseed-crushing-feed-and-grain
- 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

Record crush increases soybean meal output and supports meal prices, while strong demand keeps soybean supplies tight for feed buyers.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-04-16 | [Soy Crush Up; Short of Record \| Feed & Grain](https://feedsoft.ai/events/47431-soy-crush-up-short-of-record-feed-and-grain.md) | +8.1% | +13.7% |
| SOY | 2021-11-10 | [USDA November WASDE Reports Recap \| Feed & Grain](https://feedsoft.ai/events/44003-usda-november-wasde-reports-recap-feed-and-grain.md) | +4.3% | +5.1% |
| SOY | 2025-05-15 | [USDA forecasts lower US soybean stocks, record crush for 2025/26 \| Feed & Grain](https://feedsoft.ai/events/24760-usda-forecasts-lower-us-soybean-stocks-record-crush-for-2025-26-feed-and-grain.md) | -0.4% | -2.3% |
| SOY | 2021-01-12 | [Grain prices soar on bullish USDA reports](https://feedsoft.ai/events/49089-grain-prices-soar-on-bullish-usda-reports.md) | +0.8% | +2.0% |
| SOY | 2017-09-29 | [USDA Reports Flash](https://feedsoft.ai/events/68898-usda-reports-flash.md) | +0.9% | +1.2% |
| SBM | 2022-05-30 | [UFOP reports declining use of oilseed meal in EU compound feeds](https://feedsoft.ai/events/41514-ufop-reports-declining-use-of-oilseed-meal-in-eu-compound-feeds.md) | -4.0% | -0.3% |
| SBM | 2024-12-10 | [USDA forecasts lower US wheat stocks, raises corn exports in latest WASDE report \| Feed & Grain](https://feedsoft.ai/events/26902-usda-forecasts-lower-us-wheat-stocks-raises-corn-exports-in-latest-wasde-report.md) | +0.1% | +2.2% |
| SBM | 2018-09-12 | [USDA Reports Update](https://feedsoft.ai/events/62875-usda-reports-update.md) | -4.4% | -0.2% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/events/event-calendar/blog/15388320/usda-reports-record-oilseed-crushing

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