# November USDA Crushing Reports

> USDA's November crushing reports included the first monthly corn and soybean crush data of the 2026/27 marketing year. USDA projects 5.65 billion bushels of corn crushed for ethanol in 2026/27, up 100 million bushels from last year, and a record 2.78 billion bushels of soybean crush. September soybean crush was somewhat weak, though soybean oil disappearance continues to run ahead of last year's pace.

- Date: 2026-11-02 · published 2026-11-03T15:56:51.519Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/78042-november-usda-crushing-reports
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Strong ethanol grind supports domestic corn demand, which is supportive for feed corn prices. A record projected soybean crush adds meal and oil supply over the year, but firm soybean oil demand suggests crush should rebound after a slow September.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-09-11 | [USDA Reports Review](https://feedsoft.ai/events/51068-usda-reports-review.md) | +4.5% | +5.3% |
| CORN | 2022-08-12 | [USDA Reports Review](https://feedsoft.ai/events/13340-usda-reports-review.md) | -0.7% | -1.6% |
| CORN | 2024-11-08 | [PF Reaction to USDA's Reports \| November 8, 2024 - Pro Farmer](https://feedsoft.ai/events/27341-pf-reaction-to-usda-s-reports-november-8-2024-pro-farmer.md) | -1.4% | -2.0% |
| CORN | 2017-02-09 | [USDA Reports Flash](https://feedsoft.ai/events/72446-usda-reports-flash.md) | +1.2% | -0.8% |
| CORN | 2018-04-10 | [USDA Reports Flash](https://feedsoft.ai/events/65481-usda-reports-flash.md) | -0.6% | +2.5% |
| SOY | 2022-08-12 | [USDA Reports Review](https://feedsoft.ai/events/13340-usda-reports-review.md) | -12.5% | -12.9% |
| SOY | 2017-11-09 | [USDA Reports Flash](https://feedsoft.ai/events/67929-usda-reports-flash.md) | -1.2% | +0.4% |
| SOY | 2017-02-09 | [USDA Reports Flash](https://feedsoft.ai/events/72446-usda-reports-flash.md) | +0.2% | -5.5% |

## Sources

- brockreport.com: https://www.brockreport.com/november-usda-crushing-reports/

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