# AgriMarketing.com - U.S. Soybean Crushings Surge To Record Levels In October

> NOPA reported record October 2019 U.S. soybean crush of 4.774 million tonnes, up from 4.691 million a year earlier and above trade expectations. The data came one week after USDA cut its 2019/20 U.S. crush forecast.

- Date: 2019-11-25 · published 2019-11-25T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/56126-agrimarketing-com-u-s-soybean-crushings-surge-to-record-levels-in-october
- 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

Record crush boosts soybean meal and oil output, but depressed crush margins from weak Asian demand for meal after African swine fever cap processors' economics. Bigger crush supports soybean demand while meal supply pressure weighs on meal prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-11-11 | [AgriMarketing.com - Ag Commodity Prices Surge On USDA's Reduced Yield Forecasts](https://feedsoft.ai/events/50096-agrimarketing-com-ag-commodity-prices-surge-on-usda-s-reduced-yield-forecasts.md) | +2.8% | +1.8% |
| SOY | 2024-10-30 | [U.S. soybean crush sees record high for September \| Farmtario](https://feedsoft.ai/events/27988-u-s-soybean-crush-sees-record-high-for-september-farmtario.md) | +3.0% | +1.9% |
| SOY | 2026-09-07 | [Soybean oil used to produce US biofuels reaches new record in June - Fastmarkets](https://feedsoft.ai/events/14991-soybean-oil-used-to-produce-us-biofuels-reaches-new-record-in-june-fastmarkets.md) | -1.0% | -0.1% |
| SOY | 2023-10-25 | [U.S. soybean meal exports set record, expected to go higher next year \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/33691-u-s-soybean-meal-exports-set-record-expected-to-go-higher-next-year-agri-pulse.md) | -0.6% | +6.3% |
| SOY | 2025-01-29 | [Soybean Market Developments: Balancing Supply and Demand in 2025 \| Investing.com](https://feedsoft.ai/events/26514-soybean-market-developments-balancing-supply-and-demand-in-2025-investing-com.md) | +2.9% | -2.0% |
| 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% |
| SBM | 2019-06-28 | [Soybean stocks at record levels - Brownfield Ag News](https://feedsoft.ai/events/58538-soybean-stocks-at-record-levels-brownfield-ag-news.md) | -2.7% | -2.9% |
| SBM | 2024-10-30 | [U.S. soybean crush sees record high for September \| Farmtario](https://feedsoft.ai/events/27988-u-s-soybean-crush-sees-record-high-for-september-farmtario.md) | -0.8% | -4.8% |

## Sources

- agrimarketing.com: https://www.agrimarketing.com/s/127497

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