# Soybean Crush Outlook - ProAg

> The USDA raised its April soybean crush forecast to 2.125 billion bushels, up 20 million from March. Soybean meal prices in Decatur fell from about $326 to below $293 per ton in April. Analysts expect meat supply chain disruptions to limit further crush expansion.

- Date: 2020-04-21 · published 2020-04-21T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/53722-soybean-crush-outlook-proag
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A higher crush adds soymeal supply, but weaker meat demand from supply chain disruptions could leave meal prices under pressure. Crush margins are narrowing as a result.

## Read by commodity

- SBM: bearish ▼
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-01-01 | [Soybean Crush Prospects](https://feedsoft.ai/events/61194-soybean-crush-prospects.md) | +2.7% | +4.4% |
| SOY | 2019-04-23 | [Soybean Crush Holding Steady - ProAg](https://feedsoft.ai/events/59432-soybean-crush-holding-steady-proag.md) | -3.4% | -5.2% |
| SOY | 2026-09-11 | [September WASDE 2026: Corn, Wheat & Soybean Outlook \| Prospex*Agro](https://feedsoft.ai/events/17405-september-wasde-2026-corn-wheat-and-soybean-outlook-prospex-agro.md) | +0.3% | -2.2% |
| SOY | 2020-12-01 | [Outlook for Soybean Processors Remains Bright \| Feed & Grain](https://feedsoft.ai/events/49724-outlook-for-soybean-processors-remains-bright-feed-and-grain.md) | -0.9% | +10.9% |
| SOY | 2022-12-23 | [Brazil crop production outlook](https://feedsoft.ai/events/13682-brazil-crop-production-outlook.md) | +3.5% | +1.4% |
| SBM | 2020-12-01 | [Outlook for Soybean Processors Remains Bright \| Feed & Grain](https://feedsoft.ai/events/49724-outlook-for-soybean-processors-remains-bright-feed-and-grain.md) | -1.7% | +8.6% |
| SBM | 2026-10-26 | [Improved US, South American Crop Outlook Weighs on Soybean Prices \| CZ app](https://feedsoft.ai/events/17150-improved-us-south-american-crop-outlook-weighs-on-soybean-prices-cz-app.md) | -3.6% | — |
| SBM | 2022-12-20 | [South American corn and soybean outlook: Playing the odds](https://feedsoft.ai/events/13683-south-american-corn-and-soybean-outlook-playing-the-odds.md) | +0.5% | +7.4% |

## Sources

- proag.com: https://www.proag.com/news/soybean-crush-outlook/

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