# US soy crush seen at 173.071mn bushels - Markets - Business Recorder

> Analysts polled by Reuters expected US soybean crushing in May 2020 to reach 173.071 million bushels, a record for the month and up 11.8% year on year. Estimates ranged from 164.1 to 177.5 million bushels ahead of the NOPA report due June 15, and soyoil stocks were seen slipping from a near seven-year high.

- Date: 2020-06-12 · published 2020-06-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/52699-us-soy-crush-seen-at-173-071mn-bushels-markets-business-recorder
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Strong crush supports soymeal output and export demand, which is bullish for meal supply. Falling soyoil stocks could tighten vegetable oil availability and firm soybean oil prices.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-07-31 | [Soybeans firm as US biodiesel data lifts soyoil; corn flat - Markets - Business Recorder](https://feedsoft.ai/events/51967-soybeans-firm-as-us-biodiesel-data-lifts-soyoil-corn-flat-markets-business.md) | -1.2% | +5.1% |
| SOY | 2020-06-30 | [CBOT corn futures climb - Markets - Business Recorder](https://feedsoft.ai/events/12775-cbot-corn-futures-climb-markets-business-recorder.md) | +3.3% | +3.5% |
| SOY | 2021-02-22 | [USDA supply outlook pushes soybeans to second session of gains - Markets - Business Recorder](https://feedsoft.ai/events/48687-usda-supply-outlook-pushes-soybeans-to-second-session-of-gains-markets-business.md) | +2.0% | +2.8% |
| SOY | 2020-07-01 | [Corn extends rally after deep cut to US planting estimate - Markets - Business Recorder](https://feedsoft.ai/events/52153-corn-extends-rally-after-deep-cut-to-us-planting-estimate-markets-business.md) | +1.2% | +0.8% |
| SOY | 2025-08-15 | [USDA Forecasts Record Corn Crop at 16.7B Bushels](https://feedsoft.ai/events/23269-usda-forecasts-record-corn-crop-at-16-7b-bushels.md) | +2.6% | +1.7% |
| SBM | 2021-10-02 | [CBOT soyabeans extend slide - Markets - Business Recorder](https://feedsoft.ai/events/44605-cbot-soyabeans-extend-slide-markets-business-recorder.md) | -2.4% | +1.4% |
| SBM | 2023-12-29 | [USDA November soy crush estimated at 199.7 million bushels - Grainews](https://feedsoft.ai/events/32784-usda-november-soy-crush-estimated-at-199-7-million-bushels-grainews.md) | -1.4% | -6.6% |
| SBM | 2019-11-25 | [AgriMarketing.com - U.S. Soybean Crushings Surge To Record Levels In October](https://feedsoft.ai/events/56126-agrimarketing-com-u-s-soybean-crushings-surge-to-record-levels-in-october.md) | -2.6% | +0.8% |

## Sources

- brecorder.com: https://www.brecorder.com/news/1003931

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