# US Oil Crops  Outlook - 12/14/17 | Grain Market Reports | lancasterfarming.com

> USDA's ERS December 14 oil crops outlook trimmed the 2017/18 US soybean export forecast by 25 million bushels to 2.225 billion as sales and shipments lag. Ending stocks were raised 20 million bushels to 445 million after a seed-use increase, and the season-average farm price range was narrowed to $8.60-$10.00. The report also raised Brazil and Argentina export forecasts and noted record October crush.

- Date: 2017-12-23 · published 2017-12-23T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/67559-us-oil-crops-outlook-12-14-17-grain-market-reports-lancasterfarming-com
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower US export demand and higher ending stocks weigh on soybean prices, while competition from Brazilian and Argentine supplies keeps US market share under pressure. Crush demand remains steady, which limits the downside.

## Read by commodity

- SBM: neutral
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-07-16 | [Morning Grains Comments 07/16/24 \| Market Reports \| feedlotmagazine.com](https://feedsoft.ai/events/4452-morning-grains-comments-07-16-24-market-reports-feedlotmagazine-com.md) | +3.7% | -6.1% |
| SOY | 2026-06-16 | [Soybeans and Oil Crops - Market Outlook \| Economic Research Service](https://feedsoft.ai/events/18823-soybeans-and-oil-crops-market-outlook-economic-research-service.md) | -0.2% | +7.4% |
| SOY | 2022-07-12 | [USDA Reports Cause Grain, Soybean Markets to Continue to Plunge](https://feedsoft.ai/events/4307-usda-reports-cause-grain-soybean-markets-to-continue-to-plunge.md) | -8.8% | -1.3% |
| SOY | 2025-10-30 | [The Commodity Markets Outlook in eight charts](https://feedsoft.ai/events/22717-the-commodity-markets-outlook-in-eight-charts.md) | +3.7% | +4.7% |
| SOY | 2025-11-14 | [Grain Markets Tank Friday on USDA Reports: How Low Will Prices Go? - AgWeb](https://feedsoft.ai/events/21973-grain-markets-tank-friday-on-usda-reports-how-low-will-prices-go-agweb.md) | -0.8% | -4.9% |
| SBM | 2026-06-16 | [Soybeans and Oil Crops - Market Outlook \| Economic Research Service](https://feedsoft.ai/events/18823-soybeans-and-oil-crops-market-outlook-economic-research-service.md) | -0.1% | +4.0% |
| SBM | 2024-12-05 | [Grains Report 12/05/2024 - Market InsightsMarket Insights](https://feedsoft.ai/events/27010-grains-report-12-05-2024-market-insightsmarket-insights.md) | -0.1% | +3.0% |
| SBM | 2024-02-29 | [Grains Report 02/29/2024 - Market InsightsMarket Insights](https://feedsoft.ai/events/31705-grains-report-02-29-2024-market-insightsmarket-insights.md) | -0.3% | -0.6% |

## Sources

- lancasterfarming.com: https://www.lancasterfarming.com/market-reports/grain/us-oil-crops-outlook---12-14-17/article_9b1c751e-e667-11e7-996d-f30b3dc1b54e.html

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