# Crushing it! – Promising Outlook for US Soy Crush Despite Trade War - Rabobank

> Rabobank says US soybean crush economics have shifted, with a severe Argentine drought lifting global soymeal prices and China's 25% duty on US soybeans lowering US bean prices. These factors have pushed the US crush to a record high.

- Date: 2018-07-23 · published 2018-07-23T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/64105-crushing-it-promising-outlook-for-us-soy-crush-despite-trade-war-rabobank
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Cheap US beans and dear meal boost US crush volumes, adding meal supply while US export share risks shrinking under the Chinese duty.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-01-06 | [Potential impacts of US-China trade war 2.0 on soybeans - Rabobank](https://feedsoft.ai/events/14693-potential-impacts-of-us-china-trade-war-2-0-on-soybeans-rabobank.md) | +3.3% | +7.9% |
| SOY | 2018-12-20 | [China Trade War Rattles Investors in New US Soy Processing Plants](https://feedsoft.ai/events/61650-china-trade-war-rattles-investors-in-new-us-soy-processing-plants.md) | -3.4% | +1.9% |
| SOY | 2025-09-18 | [Trump trade war fallout hits Argentine soy crushers despite export boom \| Reuters](https://feedsoft.ai/events/13830-trump-trade-war-fallout-hits-argentine-soy-crushers-despite-export-boom-reuters.md) | -3.3% | -3.6% |
| SOY | 2018-04-10 | [In Trade War, U.S. Soy May Be Safe - Rabobank - AgriBusiness Global](https://feedsoft.ai/events/65548-in-trade-war-u-s-soy-may-be-safe-rabobank-agribusiness-global.md) | -0.5% | -4.3% |
| SOY | 2018-01-16 | [For US Soybean Growers, Trade War Is Here](https://feedsoft.ai/events/66856-for-us-soybean-growers-trade-war-is-here.md) | +4.3% | +6.1% |
| SBM | 2025-09-18 | [Trump trade war fallout hits Argentine soy crushers despite export boom \| Reuters](https://feedsoft.ai/events/13830-trump-trade-war-fallout-hits-argentine-soy-crushers-despite-export-boom-reuters.md) | -3.8% | -2.8% |
| SBM | 2019-09-01 | [The Trade War Is Creating a Windfall for Rivals of U.S. Soy in China](https://feedsoft.ai/events/57615-the-trade-war-is-creating-a-windfall-for-rivals-of-u-s-soy-in-china.md) | -0.3% | +2.3% |
| SBM | 2025-09-18 | [Soybean windfall brings pain to Argentina’s crushing industry amid US-China trade war](https://feedsoft.ai/events/13834-soybean-windfall-brings-pain-to-argentina-s-crushing-industry-amid-us-china.md) | -3.8% | -2.8% |

## Sources

- rabobank.com: https://www.rabobank.com/knowledge/q011333773-crushing-it-promising-outlook-for-us-soy-crush-despite-trade-war

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