# Soybean Crush Prospects - ProAg

> ProAg notes that NOPA's October crush came in stronger than expected and USDA projects 2019/20 crush at 2.105 billion bushels, a record. Soybean meal prices have recovered from August and September lows below $300 per ton, supported by expected livestock production growth and African swine fever in Asia.

- Date: 2019-11-19 · published 2019-11-19T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/56130-soybean-crush-prospects-proag
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong crush and rising meal prices support soybean demand and meal values, as livestock output expansion and ASF-driven protein demand firm the outlook.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-05-01 | [Soybean Crush Report - The Jacobsen](https://feedsoft.ai/events/53216-soybean-crush-report-the-jacobsen.md) | -1.0% | -1.1% |
| SOY | 2025-03-24 | [China’s soybean demand, crush projected to grow \| World Grain](https://feedsoft.ai/events/25571-china-s-soybean-demand-crush-projected-to-grow-world-grain.md) | +1.3% | +2.0% |
| SOY | 2020-05-19 | [Soybean Demand Remains Uncertain - ProAg](https://feedsoft.ai/events/53221-soybean-demand-remains-uncertain-proag.md) | +0.2% | +2.6% |
| SOY | 2018-05-08 | [Soybean crush continues strength - Morning Ag Clips](https://feedsoft.ai/events/65099-soybean-crush-continues-strength-morning-ag-clips.md) | +1.1% | -0.1% |
| SOY | 2019-09-12 | [USDA Lowers Corn, Soybean Production and Yield - ProAg](https://feedsoft.ai/events/9896-usda-lowers-corn-soybean-production-and-yield-proag.md) | +4.1% | +8.2% |
| SBM | 2019-04-23 | [Soybean Crush Holding Steady - ProAg](https://feedsoft.ai/events/59432-soybean-crush-holding-steady-proag.md) | -1.8% | -1.7% |
| SBM | 2020-05-01 | [Soybean Crush Report - The Jacobsen](https://feedsoft.ai/events/53216-soybean-crush-report-the-jacobsen.md) | -2.1% | -2.2% |
| SBM | 2025-03-24 | [China’s soybean demand, crush projected to grow \| World Grain](https://feedsoft.ai/events/25571-china-s-soybean-demand-crush-projected-to-grow-world-grain.md) | -1.7% | -1.1% |

## Sources

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

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