# Soybean Crush Report - The Jacobsen

> The estimated Central Illinois soybean crush margin rose 4% in the week to May 1 to $1.29 per bushel, as meal and oil revenue gained faster than soybean costs. NOPA reported that US crush hit a record for March at 181.374 million bushels.

- Date: 2020-05-01 · published 2020-05-01T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/53216-soybean-crush-report-the-jacobsen
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Strong crush demand supports soybean meal and oil prices, though margins remain 28% below last year, which may limit further crush expansion.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2018-03-30 | [The soybean market is shocked by the USDA report](https://feedsoft.ai/events/66080-the-soybean-market-is-shocked-by-the-usda-report.md) | +0.6% | +2.4% |
| SBM | 2019-11-19 | [Soybean Crush Prospects - ProAg](https://feedsoft.ai/events/56130-soybean-crush-prospects-proag.md) | -1.0% | +0.4% |
| SBM | 2024-09-30 | [Central Illinois soybean, soymeal prices hit 1-month high: USDA - The Jacobsen](https://feedsoft.ai/events/28380-central-illinois-soybean-soymeal-prices-hit-1-month-high-usda-the-jacobsen.md) | -2.5% | -10.5% |
| SBM | 2017-01-01 | [USDA Reports Provide Support to Soybean Prices](https://feedsoft.ai/events/72939-usda-reports-provide-support-to-soybean-prices.md) | -1.0% | +6.9% |
| SBM | 2019-04-23 | [Soybean Crush Holding Steady - ProAg](https://feedsoft.ai/events/59432-soybean-crush-holding-steady-proag.md) | -1.8% | -1.7% |
| SBO | 2025-01-21 | [Central Illinois soybean crush margins hit 8-month low - The Jacobsen](https://feedsoft.ai/events/11809-central-illinois-soybean-crush-margins-hit-8-month-low-the-jacobsen.md) | +0.5% | +3.0% |
| SBO | 2024-09-30 | [Central Illinois soybean, soymeal prices hit 1-month high: USDA - The Jacobsen](https://feedsoft.ai/events/28380-central-illinois-soybean-soymeal-prices-hit-1-month-high-usda-the-jacobsen.md) | +0.5% | +2.2% |
| SBO | 2019-04-23 | [Soybean Crush Holding Steady - ProAg](https://feedsoft.ai/events/59432-soybean-crush-holding-steady-proag.md) | -2.9% | -4.2% |

## Sources

- thejacobsen.com: https://thejacobsen.com/2020/05/01/soybean-crush-report-2/

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