# Tracking the pace of soybean consumption - Morning Ag Clips

> Economist Todd Hubbs says recent China trade developments supported soybean prices and raised hopes of reducing the 910 million-bushel ending-stock projection. Crush for the first four months of the marketing year reached 714 million bushels, 6.5% above the prior year.

- Date: 2019-02-27 · published 2019-02-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/60624-tracking-the-pace-of-soybean-consumption-morning-ag-clips
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong crush pace supports soybean meal supply and demand, and reducing stocks would require more exports, which is supportive for prices.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Sources

- morningagclips.com: https://www.morningagclips.com/tracking-the-pace-of-soybean-consumption/
- proag.com: https://www.proag.com/news/tracking-the-pace-of-soybean-consumption/

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