# NOPA Says Record Soybean Crush for November | Red River Farm Network

> The National Oilseed Processors Association reported that members crushed 167 million bushels of soybeans in November, a monthly record. Soybean oil stocks fell slightly, and soymeal exports were lower in the month.

- Date: 2018-12-17 · published 2018-12-17T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/61651-nopa-says-record-soybean-crush-for-november-red-river-farm-network
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Record crush adds meal supply to the domestic market, which is bearish for meal prices, while lower meal exports reduce outside demand.

## Read by commodity

- SBM: bearish ▼
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| SBM | 2018-05-15 | [Crush Numbers Confirm Growing Meal Supplies \| Red River Farm Network](https://feedsoft.ai/events/65098-crush-numbers-confirm-growing-meal-supplies-red-river-farm-network.md) | -2.7% | -9.3% |
| SBM | 2024-08-13 | [S/D Estimates Released \| Red River Farm Network](https://feedsoft.ai/events/28714-s-d-estimates-released-red-river-farm-network.md) | -2.6% | -0.3% |
| SBM | 2024-08-12 | [USDA Forecasts Record Soybean Crop](https://feedsoft.ai/events/28713-usda-forecasts-record-soybean-crop.md) | -6.5% | -2.3% |
| SBM | 2017-04-12 | [USDA Crop Reports Bearish for U.S. Corn, Wheat and Soybean Markets - Northern Ag Network](https://feedsoft.ai/events/71446-usda-crop-reports-bearish-for-u-s-corn-wheat-and-soybean-markets-northern-ag.md) | +0.5% | +1.5% |
| SOY | 2018-11-14 | [Global Ag Network \| What does NOPA Crush mean for Soybeans?](https://feedsoft.ai/events/62107-global-ag-network-what-does-nopa-crush-mean-for-soybeans.md) | +1.6% | +4.6% |
| SOY | 2021-01-15 | [Near record US soybean crush falls short of estimate: NOPA - Fastmarkets](https://feedsoft.ai/events/49226-near-record-us-soybean-crush-falls-short-of-estimate-nopa-fastmarkets.md) | -8.7% | -4.5% |
| SOY | 2019-11-17 | [November WASDE report shows bearish for corn; neutral for soybeans - Messenger News](https://feedsoft.ai/events/56022-november-wasde-report-shows-bearish-for-corn-neutral-for-soybeans-messenger-news.md) | -2.3% | +0.4% |

## Sources

- rrfn.com: https://www.rrfn.com/2018/12/17/nopa-says-record-soybean-crush-for-november/

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