# Farming News - ADM Agriculture Oilseed Rape Market Report

> ADM's Will Ringrose reported that USDA's September 30 stocks report put soybean stocks at 523 million bushels, 50 million below trade expectations, lifting beans and related products. US harvest was 20% complete with crop ratings at 64% good to excellent. Malaysia imposed movement restrictions in four palm-producing regions due to Covid-19.

- Date: 2020-10-02 · published 2020-10-02T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/50747-farming-news-adm-agriculture-oilseed-rape-market-report
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The surprise soybean stocks shortfall tightened US supply and lifted soy complex prices, while Malaysian restrictions add pressure to palm oil supply. Both factors support feed protein and oil values.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-10-15 | [WASDE Report surprises soybean market - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/68415-wasde-report-surprises-soybean-market-agweek-1-source-for-agriculture-news.md) | -2.1% | -2.3% |
| SOY | 2017-01-22 | [Post-USDA report fallout in markets - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/72940-post-usda-report-fallout-in-markets-agweek-1-source-for-agriculture-news.md) | -1.7% | -3.3% |
| SOY | 2021-11-12 | [Farming News - ADM OSR market report. Oilseeds values surged following surprisingly bullish USDA report](https://feedsoft.ai/events/7051-farming-news-adm-osr-market-report-oilseeds-values-surged-following.md) | +4.4% | +4.6% |
| SOY | 2023-01-12 | [U.S. reduces corn, soybean harvest views - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/13310-u-s-reduces-corn-soybean-harvest-views-agweek-1-source-for-agriculture-news.md) | -0.0% | +0.3% |
| SOY | 2019-09-13 | [AgroPages-USDA, WASDE Reports Rallies The Soybean Market 29¢.-Agricultural news](https://feedsoft.ai/events/10851-agropages-usda-wasde-reports-rallies-the-soybean-market-29-agricultural-news.md) | +1.1% | +4.6% |
| SBM | 2021-11-12 | [Farming News - ADM OSR market report. Oilseeds values surged following surprisingly bullish USDA report](https://feedsoft.ai/events/7051-farming-news-adm-osr-market-report-oilseeds-values-surged-following.md) | +7.0% | +7.2% |
| SBM | 2023-01-12 | [U.S. reduces corn, soybean harvest views - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/13310-u-s-reduces-corn-soybean-harvest-views-agweek-1-source-for-agriculture-news.md) | -4.3% | -4.2% |
| SBM | 2019-09-13 | [AgroPages-USDA, WASDE Reports Rallies The Soybean Market 29¢.-Agricultural news](https://feedsoft.ai/events/10851-agropages-usda-wasde-reports-rallies-the-soybean-market-29-agricultural-news.md) | -1.3% | +2.7% |

## Sources

- farming.co.uk: https://www.farming.co.uk/news/adm-agriculture-oilseed-rape-market-report-

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