# USDA Oilseeds as of Dec 2020 market report

> The USDA's December 2020 oilseed estimates show global oilseed production rising, led by soybeans, with soybean oil and palm oil production up. Global ending stocks have fallen for three years, and vegetable oil stocks dropped about 11.7%, indicating consumption is outpacing production.

- Date: 2020-12-12 · published 2020-12-12T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/49747-usda-oilseeds-as-of-dec-2020-market-report
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Falling ending stocks signal a tightening global oilseed balance that supports oilseed meal and oil prices. Buyers should note that supply still sits above the multi-year average, which limits how far prices can rise.

## Read by commodity

- SBO: neutral
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-05-31 | [Grain Market Review: Oilseeds-2019](https://feedsoft.ai/events/59148-grain-market-review-oilseeds-2019.md) | -2.3% | -0.1% |
| SOY | 2022-12-12 | [Market Trends Report – December 2022 & January 2023 - Grain Farmers of Ontario](https://feedsoft.ai/events/5518-market-trends-report-december-2022-and-january-2023-grain-farmers-of-ontario.md) | -0.3% | +1.8% |
| SOY | 2025-05-20 | [Oilseeds: World Markets and Trade](https://feedsoft.ai/events/24788-oilseeds-world-markets-and-trade.md) | +1.1% | +2.2% |
| SOY | 2021-05-13 | [Grain Journal \| USDA Oilseeds: World Markets and Trade (May 12):…](https://feedsoft.ai/events/47200-grain-journal-usda-oilseeds-world-markets-and-trade-may-12.md) | -7.4% | -7.0% |
| SOY | 2016-12-12 | [Grain market steady after USDA report - Farmers Weekly](https://feedsoft.ai/events/73541-grain-market-steady-after-usda-report-farmers-weekly.md) | -0.1% | -3.1% |
| SBO | 2021-05-13 | [Grain Journal \| USDA Oilseeds: World Markets and Trade (May 12):…](https://feedsoft.ai/events/47200-grain-journal-usda-oilseeds-world-markets-and-trade-may-12.md) | +0.2% | +2.5% |
| SBO | 2021-01-05 | [USDA Reports Record Oilseed Crushing \| Feed & Grain](https://feedsoft.ai/events/49250-usda-reports-record-oilseed-crushing-feed-and-grain.md) | -1.5% | +4.2% |
| SBO | 2025-10-20 | [Market Update for Rapeseed & Canola 20th of October 2025](https://feedsoft.ai/events/22514-market-update-for-rapeseed-and-canola-20th-of-october-2025.md) | +0.2% | -1.4% |

## Sources

- zmp.de: https://www.zmp.de/en/futures/oilseeds/news/market-report-usda-oilseeds-dec-2020-2020-12-12

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