# Crush Numbers Confirm Growing Meal Supplies | Red River Farm Network

> The National Oilseed Processors Association reported record April crush of 161 million bushels. Soybean oil stocks exceeded 2 billion pounds, above expectations. Analysts expect strong crush margins to continue and meal supplies to build.

- Date: 2018-05-15 · published 2018-05-15T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/65098-crush-numbers-confirm-growing-meal-supplies-red-river-farm-network
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Rising crush adds meal supply faster than demand may absorb it, which pressures soybean meal prices. Heavy oil stocks also weigh on soybean oil.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2018-12-17 | [NOPA Says Record Soybean Crush for November \| Red River Farm Network](https://feedsoft.ai/events/61651-nopa-says-record-soybean-crush-for-november-red-river-farm-network.md) | -1.2% | -0.0% |
| 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 | 2017-06-09 | [Crops dip, recover after USDA’s bearish supply numbers](https://feedsoft.ai/events/70427-crops-dip-recover-after-usda-s-bearish-supply-numbers.md) | -1.8% | +7.3% |
| SBM | 2019-07-15 | [NOPA crush numbers don?t give any help to the markets \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/58162-nopa-crush-numbers-don-t-give-any-help-to-the-markets-iowa-agribusiness-radio.md) | -0.7% | -5.3% |
| SBM | 2019-06-11 | [WASDE report gives bullish numbers to corn \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/58540-wasde-report-gives-bullish-numbers-to-corn-iowa-agribusiness-radio-network.md) | +3.5% | -1.8% |
| SBO | 2017-12-17 | [Reports confirm large supplies - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/8429-reports-confirm-large-supplies-agweek-1-source-for-agriculture-news-farming.md) | -1.3% | -2.0% |
| SBO | 2018-09-12 | [Corn, wheat down following USDA numbers - Brownfield Ag News](https://feedsoft.ai/events/62984-corn-wheat-down-following-usda-numbers-brownfield-ag-news.md) | -2.2% | +4.5% |
| SBO | 2022-09-30 | [Wheat, corn rise, soybeans fall after USDA numbers - Brownfield Ag News](https://feedsoft.ai/events/39611-wheat-corn-rise-soybeans-fall-after-usda-numbers-brownfield-ag-news.md) | +2.1% | +8.1% |

## Sources

- rrfn.com: https://www.rrfn.com/2018/05/15/crush-numbers-confirm-growing-meal-supplies/

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