# U.S. soybean crush surpasses whole bean exports

> USDA estimates 61 percent of the current U.S. soybean crop will be crushed domestically, versus 37 percent exported as whole beans. The American Soybean Association's chief economist attributes the shift to renewable diesel demand and federal biofuel policies, including higher EPA blending requirements and the 45Z clean fuel credit.

- Date: 2026-11-02 · published 2026-11-03T00:13:57.652Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/76485-u-s-soybean-crush-surpasses-whole-bean-exports
- 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

Structural demand for soybean oil and meal is rising domestically while whole-bean export demand, especially from China, stagnates, supporting crush margins and local basis, which is supportive for meal supply and soybean oil prices.

## Read by commodity

- SBM: neutral
- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-06-11 | [2021 Soybeans – to crush or export?](https://feedsoft.ai/events/46671-2021-soybeans-to-crush-or-export.md) | -13.9% | -9.1% |
| SOY | 2021-04-14 | [Surge in US Biodiesel Exports Strains Soybean Supplies](https://feedsoft.ai/events/47463-surge-in-us-biodiesel-exports-strains-soybean-supplies.md) | +5.9% | +17.8% |
| SOY | 2021-01-28 | [U.S. Soybean Crushers Buy Up Extra Beans \| Feed & Grain](https://feedsoft.ai/events/49187-u-s-soybean-crushers-buy-up-extra-beans-feed-and-grain.md) | -0.3% | +2.3% |
| SOY | 2017-03-24 | [USDA exports – Corn, soybean, wheat sales up for the week](https://feedsoft.ai/events/71846-usda-exports-corn-soybean-wheat-sales-up-for-the-week.md) | -2.8% | -4.0% |
| SOY | 2021-08-26 | [Record US Soybean Exports Contribute to Price Surge](https://feedsoft.ai/events/45590-record-us-soybean-exports-contribute-to-price-surge.md) | -5.1% | -4.6% |
| SBM | 2024-08-29 | [To Crush or Not to Crush? - U.S. Soybean Export Council](https://feedsoft.ai/events/28887-to-crush-or-not-to-crush-u-s-soybean-export-council.md) | +3.2% | +4.6% |
| SBM | 2021-06-11 | [2021 Soybeans – to crush or export?](https://feedsoft.ai/events/46671-2021-soybeans-to-crush-or-export.md) | -4.8% | -5.6% |
| SBM | 2018-12-03 | [Trump’s trade war sees US soybean exports heading south](https://feedsoft.ai/events/61762-trump-s-trade-war-sees-us-soybean-exports-heading-south.md) | -0.1% | +0.9% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/u-s-soybean-crush-surpasses-whole-bean-exports/

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