# December soybean crush up 3 percent from last year - McKeany-Flavell

> NOPA members crushed 171.7 million bushels of soybeans in December 2018, up 3% from November and from a year earlier, slightly above the roughly 170 million bushel industry forecast. Processors made 4.0 million tons of soybean meal, up 2% year over year, and exported over 825,000 tons, while soybean oil ending stocks fell 1% from a year ago.

- Date: 2019-01-16 · published 2019-01-16T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/61192-december-soybean-crush-up-3-percent-from-last-year-mckeany-flavell
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Strong crush and meal output are offset by firm global meal demand and strong biodiesel-driven oil use, which together support meal and oil prices and tighten the balance for feed buyers.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2020-10-16 | [September soybean crush sets record for month - McKeany-Flavell](https://feedsoft.ai/events/50713-september-soybean-crush-sets-record-for-month-mckeany-flavell.md) | +2.8% | +4.3% |
| SBM | 2021-05-26 | [April soybean crush well below expectations - McKeany-Flavell](https://feedsoft.ai/events/47159-april-soybean-crush-well-below-expectations-mckeany-flavell.md) | +1.5% | -6.4% |
| SBM | 2023-07-28 | [NOPA shows tighter soybean oil stocks - McKeany-Flavell](https://feedsoft.ai/events/10706-nopa-shows-tighter-soybean-oil-stocks-mckeany-flavell.md) | -2.3% | -8.1% |
| SBM | 2020-10-09 | [U.S. Corn and Soybean Production Down from September](https://feedsoft.ai/events/50491-u-s-corn-and-soybean-production-down-from-september.md) | +3.6% | +8.0% |
| SBM | 2023-05-01 | [Soybean Crush Update - Decision Innovation Solutions](https://feedsoft.ai/events/36014-soybean-crush-update-decision-innovation-solutions.md) | -2.1% | -7.8% |
| SBO | 2020-10-16 | [September soybean crush sets record for month - McKeany-Flavell](https://feedsoft.ai/events/50713-september-soybean-crush-sets-record-for-month-mckeany-flavell.md) | +1.6% | +11.7% |
| SBO | 2018-09-12 | [USDA forecasts soybean crush to keep growing - McKeany-Flavell](https://feedsoft.ai/events/63103-usda-forecasts-soybean-crush-to-keep-growing-mckeany-flavell.md) | -2.2% | +4.5% |
| SBO | 2022-01-05 | [Soybean oil edible use up 9.5% in November - McKeany-Flavell](https://feedsoft.ai/events/43240-soybean-oil-edible-use-up-9-5-in-november-mckeany-flavell.md) | +0.7% | +6.3% |

## Sources

- mckeany-flavell.com: https://www.mckeany-flavell.com/december-soybean-crush-01-16-19/

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