# 2019/20 soybean stocks raised to 620 million - McKeany-Flavell

> USDA raised 2019/20 soybean ending stocks by 35 million bushels to 620 million, mainly by adjusting the residual use category. Crush was raised 15 million bushels to 2.155 billion, and exports were held at 1.650 billion while USDA watches late-season Chinese demand.

- Date: 2020-07-13 · published 2020-07-13T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/52077-2019-20-soybean-stocks-raised-to-620-million-mckeany-flavell
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Higher old-crop soybean stocks are mildly bearish for soybeans and meal because supplies are looser. The residual adjustment is a technical rebalancing that the market may discount.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-04-11 | [Global Soybean Production, Ending Stocks Raised](https://feedsoft.ai/events/71445-global-soybean-production-ending-stocks-raised.md) | +0.5% | +2.5% |
| SOY | 2021-10-04 | [Post-report pressure on soybean, soy meal futures - McKeany-Flavell](https://feedsoft.ai/events/44616-post-report-pressure-on-soybean-soy-meal-futures-mckeany-flavell.md) | -0.3% | -0.9% |
| SOY | 2024-05-30 | [Corn, Soybean Stocks-to-Use Ratios](https://feedsoft.ai/events/30286-corn-soybean-stocks-to-use-ratios.md) | -3.0% | -5.1% |
| SOY | 2018-07-17 | [Soybean ending stocks increase for 2018-19](https://feedsoft.ai/events/64003-soybean-ending-stocks-increase-for-2018-19.md) | +2.2% | +2.9% |
| SOY | 2026-08-12 | [August 2026 WASDE updates - McKeany-Flavell](https://feedsoft.ai/events/17854-august-2026-wasde-updates-mckeany-flavell.md) | +4.6% | +12.9% |
| SBM | 2018-10-19 | [Soybean oil production increased in September - McKeany-Flavell](https://feedsoft.ai/events/62629-soybean-oil-production-increased-in-september-mckeany-flavell.md) | -3.8% | -3.4% |
| SBM | 2018-09-12 | [USDA forecasts soybean crush to keep growing - McKeany-Flavell](https://feedsoft.ai/events/63103-usda-forecasts-soybean-crush-to-keep-growing-mckeany-flavell.md) | -4.4% | -0.2% |
| SBM | 2020-11-17 | [Soybean oil stocks rise slightly despite record-smashing October crush - McKeany-Flavell](https://feedsoft.ai/events/50219-soybean-oil-stocks-rise-slightly-despite-record-smashing-october-crush-mckeany.md) | +1.4% | -0.3% |

## Sources

- mckeany-flavell.com: https://www.mckeany-flavell.com/2019-20-soybean-stocks-raised-to-620-million-07-13-20/

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