# Soybean Crush Holding Steady - ProAg

> US soybean crush came in higher than expected in March, with NOPA estimating 170.11 million bushels and USDA figures running about six percent above NOPA. Domestic meal and oil use is supporting crush levels through 2019 despite foreign competition in export markets.

- Date: 2019-04-23 · published 2019-04-23T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/59432-soybean-crush-holding-steady-proag
- 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

Steady crush keeps soybean meal and oil demand firm for feed buyers, supporting meal prices even as export competition from Argentina limits soybean export demand.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2019-11-19 | [Soybean Crush Prospects - ProAg](https://feedsoft.ai/events/56130-soybean-crush-prospects-proag.md) | -1.0% | +0.4% |
| SBM | 2026-03-24 | [Soybean and Sunflower Crush Rise, Stocks Hold Steady - RFD-TV](https://feedsoft.ai/events/20254-soybean-and-sunflower-crush-rise-stocks-hold-steady-rfd-tv.md) | -3.7% | -0.8% |
| 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 | 2020-05-19 | [Soybean Demand Remains Uncertain - ProAg](https://feedsoft.ai/events/53221-soybean-demand-remains-uncertain-proag.md) | -0.4% | +1.0% |
| 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% |
| SBO | 2020-05-01 | [Soybean Crush Report - The Jacobsen](https://feedsoft.ai/events/53216-soybean-crush-report-the-jacobsen.md) | -1.1% | +4.4% |
| SBO | 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) | +3.3% | +12.5% |
| SBO | 2023-09-15 | [U.S. grains: Soybeans down on positioning, crush pace - AgCanada](https://feedsoft.ai/events/7184-u-s-grains-soybeans-down-on-positioning-crush-pace-agcanada.md) | -2.3% | -10.0% |

## Sources

- proag.com: https://www.proag.com/news/soybean-crush-holding-steady/

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