# Soybean Oil Prices Decline Amid Rising US Production and Crushing Slowdown; Indian Demand Bolsters Sunflower Oil Market | Tridge Insights

> Global soybean oil prices declined as USDA raised its US soybean production forecast and US crushing fell 4.5% in September to 5.34 million tons, below expectations. December CBOT soybean oil fell 1.9% on the week to $1,470/t, while Indian sunflower oil bid prices rose on import demand.

- Date: 2026-10-21 · published 2026-10-21T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/504-soybean-oil-prices-decline-amid-rising-us-production-and-crushing-slowdown
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Lower crush reduces soybean meal and oil output, but a bigger US crop and softer soyoil prices weigh on vegetable oil values, with sunflower oil competing for Indian demand.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2026-10-27 | [Argentina expands sunflowerseed production and crushing amid high global sunflower oil prices](https://feedsoft.ai/events/17209-argentina-expands-sunflowerseed-production-and-crushing-amid-high-global.md) | -0.5% | — |
| SBO | 2023-02-10 | [US soybean and oil prices decline w-o-w following WASDE report](https://feedsoft.ai/events/37421-us-soybean-and-oil-prices-decline-w-o-w-following-wasde-report.md) | +3.0% | -0.4% |
| 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% |
| SBO | 2022-09-12 | [USDA lowers forecast for soybean oil use in biofuel production  \| Biomass Magazine](https://feedsoft.ai/events/39665-usda-lowers-forecast-for-soybean-oil-use-in-biofuel-production-biomass-magazine.md) | +0.3% | -6.6% |
| SBO | 2017-09-18 | [Ukraine kept the leading positions in sunflower oil production and exports - Ukroliyaprom -](https://feedsoft.ai/events/69078-ukraine-kept-the-leading-positions-in-sunflower-oil-production-and-exports.md) | -1.6% | -3.1% |
| SBM | 2024-11-11 | [Global soybean market faces challenges amid oilseed production decline \| Feed & Grain](https://feedsoft.ai/events/27430-global-soybean-market-faces-challenges-amid-oilseed-production-decline-feed-and.md) | -1.9% | -4.2% |
| SBM | 2023-01-13 | [US soybean crop and oil prices rise after cuts in the 2022/23 MY crop estimate](https://feedsoft.ai/events/37865-us-soybean-crop-and-oil-prices-rise-after-cuts-in-the-2022-23-my-crop-estimate.md) | -6.6% | -3.3% |
| SBM | 2023-08-11 | [USDA Lowers Corn and Soybean Yields and Production](https://feedsoft.ai/events/12250-usda-lowers-corn-and-soybean-yields-and-production.md) | -5.6% | -6.0% |

## Sources

- insights.tridge.com: https://insights.tridge.com/speaker-product-news-reports/KJLyFXpzJzgKuB1Gqsm5QUKHGgR43AVdqLPSgSTHKPfao7t7QnHY5D3f

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