Soybean oil stocks rise slightly despite record-smashing October crush - McKeany-Flavell

After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.

• Sep 12, 2018USDA forecasts soybean crush to keep growing - McKeany-Flavell-0.8%
• May 26, 2021April soybean crush well below expectations - McKeany-Flavell+3.4%
• Oct 19, 2018Soybean oil production increased in September - McKeany-Flavell-2.5%
• May 13, 2024Soybean commentary: Futures rebound despite higher USDA stocks forecast - Fastmarkets+1.9%
• Dec 14, 2022Lower soybean oil demand means higher ending stocks | 680 KFEQ-0.1%

After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.

• Sep 12, 2018USDA forecasts soybean crush to keep growing - McKeany-Flavell-4.4%
• Jul 13, 20202019/20 soybean stocks raised to 620 million - McKeany-Flavell-1.5%
• Nov 25, 2019AgriMarketing.com - U.S. Soybean Crushings Surge To Record Levels In October-2.6%
• Jul 21, 2023Brazil's 2023 soybean crushing set for record highs driven by oil, meal demand+4.5%
• Oct 19, 2018Soybean oil production increased in September - McKeany-Flavell-3.8%

After 114 past neutral report events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.7% to +1.4%), and +0.5% over 20.

• Aug 28, 2018Canada’s July canola crush set record for the month - McKeany-Flavell+0.1%
• Jul 14, 2022Brazil to produce record amount of soybean meal, oil amid higher crush margins | S&P Global-0.4%
• Jan 5, 2021USDA Reports Record Oilseed Crushing | Feed & Grain-1.5%
• Jan 14, 2025US soybean production drops, global oilseed crush rises in 2024/25 | Feed & Grain+1.4%
• Apr 16, 2021Soy Crush Up; Short of Record | Feed & Grain+9.2%