# Outlook for Soybean Processors Remains Bright | Feed & Grain

> CoBank reports that US soybean processing has expanded rapidly, with three new plants adding about 120 million bushels of capacity, roughly 6 percent. The short-term outlook for processors remains bright, but the mid to long term faces pressure from new capacity.

- Date: 2020-12-01 · published 2020-12-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/49724-outlook-for-soybean-processors-remains-bright-feed-and-grain
- 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

Expanding crush capacity increases meal and oil supply, which could pressure soymeal prices if overseas demand does not keep pace.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2020-04-21 | [Soybean Crush Outlook - ProAg](https://feedsoft.ai/events/53722-soybean-crush-outlook-proag.md) | -0.1% | -0.2% |
| SBM | 2022-10-06 | [Early rains boost hopes for record Brazilian corn, soybean output in 2022-23 - Grain Price News](https://feedsoft.ai/events/13693-early-rains-boost-hopes-for-record-brazilian-corn-soybean-output-in-2022-23.md) | +4.4% | +5.8% |
| SBM | 2025-03-14 | [Global soybean crush forecast hits record high amid increased demand \| Feed & Grain](https://feedsoft.ai/events/25657-global-soybean-crush-forecast-hits-record-high-amid-increased-demand-feed-and.md) | -0.8% | -0.2% |
| SBM | 2023-01-09 | [Report: China's soybean imports will decline by 2030 \| Feed & Grain](https://feedsoft.ai/events/37769-report-china-s-soybean-imports-will-decline-by-2030-feed-and-grain.md) | +1.7% | -1.2% |
| SBM | 2025-03-19 | [Record Soybean Harvest in South America and Favorable Outlook for Exports](https://feedsoft.ai/events/13874-record-soybean-harvest-in-south-america-and-favorable-outlook-for-exports.md) | -1.2% | -0.6% |
| SBO | 2026-01-13 | [USDA lifts 2025-26 soybean crush as tallow displaces soybean oil for biofuel \| Feed & Grain](https://feedsoft.ai/events/21144-usda-lifts-2025-26-soybean-crush-as-tallow-displaces-soybean-oil-for-biofuel.md) | +2.9% | +8.9% |
| SBO | 2024-02-15 | [A Look at the USDA's Soybean Oil Projections for 2024-25](https://feedsoft.ai/events/31771-a-look-at-the-usda-s-soybean-oil-projections-for-2024-25.md) | -3.8% | -0.5% |
| SBO | 2024-03-08 | [USDA maintains forecast for soybean oil use in biofuel production, reduces forecast for soybean oil prices \| Biomass Magazine](https://feedsoft.ai/events/31293-usda-maintains-forecast-for-soybean-oil-use-in-biofuel-production-reduces.md) | +3.6% | +6.2% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/grain-handling-processing/grain-processing/news/15396517/outlook-for-soybean-processors-remains-bright

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