The soybean market got a little push in early November when USDA came out with its supply and demand report and continued to ride along through the rest of the month. USDA National Agricultural Statistics Service Information. The Fats and Oils: Oilseed Crushings, Production, Consumption and Stocks report released on April 1, 2020 by USDA’s National Agricultural Statistics Service is being reissued due to changes and/or corrections made to the following tables: Soybean Crushing, Production, Consumption and Stocks – United States: February The end-of-month stock values by oilseed are also published. Prices, yields, and values are given for the current week, the prior week, and the prior year. Soybean Crush Falls Below Analyst Expectations USDA April crush data was slightly below expectations and with the data previously released by the National Oilseed Processors Association (NOPA). Additionally, increased U.S. renewable diesel capacity has buoyed both crush and soybean oil demand. USDA National Agricultural Statistics Service Information. Global soybean ending stocks for 2021/22 are increased 5.7 million tons to 104.6 Commitment of Trade. Despite High Prices, Increased Crush Outlook Limits Soybeans Available for Export in 2021/22 As demand for biofuel continues to drive soybean crush levels in the domestic oilseed market and to capture an increasing share of the U.S. soybean crop, exports of U.S. soybeans are expected to decline in 2021/22 to 2.075 billion bushels. This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in oilseeds. Higher domestic crush demand will both reduce the amount of soybeans available for export and support U.S. soybean prices. After a strong start to the 2021/22 marketing year, October weather conditions slowed U.S. soybean harvest progress. Soybean ending stocks were down 15 million bushels to 175 million bushels, with exports unchanged. Crude soybean oil produced in January totaled a record 2,308,752,000 pounds, up 3% from 2,233,486,000 pounds in December 2020 and up 7% from 2,154,427,000 pounds in January 2020. This report covers the Central Illinois soybean crush. Surging wheat futures, reflecting tight projected 2021-22 wheat ending stocks in both the United States and … Exports to China jumped $6.2 billion (up 77 percent) from last year, significantly contributing to the rise in total exports. The agency has the distinction of being known as The Fact Finders of U.S. Agriculture due to the abundance … The USDA lowered its forecast total soybean supply in 2021-22 by 23 million bushels, to 4.696 billion bushels. Global soybean ending stocks for 2021/22 are increased 5.7 million tons to 104.6 This crush volume is well above the pace needed to reach the total estimated crush for the year of 7.5 MMT. The U.S. corn and soybean harvests are virtually complete, with the USDA reporting both crops as 95% harvested by Nov. 21. Cheaper soybean prices would stimulate an increase in domestic crush, but ending soybean stocks would finish significantly higher than USDA's current estimate of 340 mb. For one, U.S. soybean carryin for 2021/22 is forecast to be 11 million tons less than the previous year. Soybean Prices. Essentially, the soybean crush is the margin of profit generated by crushing soybeans into soy products and is expressed in terms of cents/bushel. Thus, according to the quote above, a "price" of "526" actually means 52-3/4 cents/bushel. USDA expects U.S. wheat production for 2021-22 to drop to 1.646 bb, down 51 mb from the September report. This is due to a 2.3 percent increase in sunflower crush, but only a small increase in rapeseed crush and marginally lower soybean crush. Soybean oil prices are now 34% above the January 2020 level. … USDA Reports; Weather; Opinion. For the month, wheat and corn are set to end November on a positive note, while soybeans are down. Total Oilseed – Meals NASS publications cover a wide range of subjects, from traditional crops, such as corn and wheat, to specialties, such as mushrooms and flowers; from calves born to hogs slaughtered; from agricultural prices to land in farms. However, a Corn and soybean futures seemed to defy gravity in trading higher after the US Department of Agriculture provided bin-busting production estimates for both crops in its November World Agricultural Supply and Demand Estimates report issued Nov. 9. USDA also kept crush unchanged at 2.190 bb, 25 mb above the previous record crush of 2.165 bb. An abundant supply could boost U.S. soybean exports in 2018/19 to a record 2.29 billion bushels. … In 2020, the value of U.S. soybean exports to the world reached a record $25.7 billion, up nearly 40 percent ($7 billion) by value and up 23 percent (11.9 million tons) by volume from the prior year. Soybeans. Dow Jones expects USDA to increase its estimate of world soybean stocks from 104.6 mmt to 105.7 mmt (3.88 bb), largely due to a larger U.S. crop. What is a 'Crush Spread'. A soybean crush spread is often used by traders to manage risk by combining separate soybean, soybean oil and soybean meal futures positions into a single position. The crush spread position is used to hedge the margin between soybean futures and soybean oil and meal futures. This report covers the Central Illinois soybean crush. The agency has the distinction of being known as The Fact Finders of U.S. Agriculture due to the abundance … Yes, and I think it will be more … The 2021/22 crush for Argentina is also lowered, leading to lower exports of meal and oil. Reports suggest that improving crush margins in China have sparked a flurry of recent soybean buying from that country as well. The forecast for 2020-’21 soybean oil use in biofuel was also revised down. Dow Jones expects USDA to increase its estimate of world soybean stocks from 104.6 mmt to 105.7 mmt (3.88 bb), largely due to a larger U.S. crop. Post attributes Egypt’s soybean imports increase to expanded local crush capacity. However, crush in the first month of 2021-22 was disappointing, down 5% from last year, so it seems unlikely USDA will increase the crush estimate in Tuesday's report. Corn and soybean futures seemed to defy gravity in trading higher after the US Department of Agriculture provided bin-busting production estimates for both crops in its November World Agricultural Supply and Demand Estimates report issued Nov. 9. soybean crush is seen falling 1.15 million metric tons to 39.65 million metric tons. As a … For one, U.S. soybean carryin for 2021/22 is forecast to be 11 million tons less than the previous year. Chip Flory; Greg Peterson ... USDA Estimates 2022 Corn/Soybean Acreage. Good news on the soybean crushing side however — strong crush margins have led to a record early season crush. Pro Farmer Analysis. soybean crops, much larger beginning stocks could expand the 2018/19 total supply to an all-time high of 4.84 billion bushels. Higher domestic crush demand will both reduce the amount of soybeans available for export and support U.S. soybean prices. The USDA releases its last crop progress report for the year. In the first few months of 2021, soybean oil export volume declined on rising premiums. According to the USDA, US soybean crush for 2020-21 marketing year (September-August) was projected at 2.2 billion bu, compared with 2.165 billion bu estimated in 2019-20. With reports of an amino acid shortage, specifically Lysine, we see feed rations increasing soymeal use between 10% and 15%; that, paired with extremely strong processor margins, should keep the crush pace strong. The USDA is scheduled to release its … Additionally, increased U.S. renewable diesel capacity has buoyed both crush and soybean oil demand. A record level of soybean meal exports—which were forecast higher by 300,000 short tons to 14.4 million—is propelling processor demand for soybeans. This report covers the Central Illinois soybean crush. Data presented include soybean and soybean product prices, yield, and value. For Canada, it was reported that 778,402 MT of canola was crushed in September, up over 116,000 from August. The USDA lowered its forecast for 2021-’22 soybean oil use in biofuel in its latest World Agricultural Supply and Demand Estimates report, released Sept. 10. Search . Harvested Area This report analyzes the accuracy of the historical baseline projections for U.S. corn, soybean, and wheat harvested area for the period from 1997 to 2017. 1 minute ago | Jocelyn Garcia. The April soybean crush was … USDA Scheduled Release Dates for Agency Reports and Summaries. Despite High Prices, Increased Crush Outlook Limits Soybeans Available for Export in 2021/22 As demand for biofuel continues to drive soybean crush levels in the domestic oilseed market and to capture an increasing share of the U.S. soybean crop, exports of U.S. soybeans are expected to decline in 2021/22 to 2.075 billion bushels. If these ending stocks are realized, the USDA says this would be the lowest since 2013/14. Prices, yields, and values are given for the current week, the prior week, and the prior year. The January 2021 soybean crush was the highest ever for a January and was just shy of the record soybean crush for any month logged in October 2020 at 5,897,079 tons. For the entire marketing year, the USDA sees the potential for crush to reach a record 2.19 billion bu. USDA also kept crush unchanged at 2.190 bb, 25 mb above the previous record crush of 2.165 bb. Data presented include soybean and soybean product prices, yield, and value. However, crush in the first month of 2021-22 was disappointing, down 5% from last year, so it seems unlikely USDA will increase the crush estimate in Tuesday's report. soybean exports by country, 2019/20 Top five destinations: China—1270 million bushels Mexico—182 million bushels Egypt—147 million bushels Netherlands—109 million bushels Japan—92 million bushels; U.S. Soybean Crush Dashboard. Data presented include soybean … The U.S. soybean crush in October likely jumped to a nine-month high of 5.868 million short tons, or 195.6 million bushels, according to the average forecast of nine analysts surveyed by Reuters ahead of a monthly USDA report. Prices, yields, and values are given for the current week, the prior week, and the prior year. See the the latest Soybeans & Oil Crops Outlook report. 2020/21 crush. The 2021/22 crush for Argentina is also lowered, leading to lower exports of meal and oil. USDA currently forecasts soybean oil export volume in 2021/22 at roughly half the level observed in 2019/20 when U.S. soybean oil was selling at a discount to South American origin. USDA this month to boost its forecast of the 2017/18 crush by 15 million bushels to 2.055 billion. Data presented include soybean and soybean product prices, yield, and value. Farm price for soybeans: 2012 crop year average: $14.40 per bushel Local industry is producing high protein-based soybean meal for the domestic feed industry, as … The July U.S. soybean crush likely rose to 4.957 million short tons, or 165.2 million bushels, according to the average forecast of eight analysts surveyed by Reuters ahead of … ... USDA corn, soybean crop progress short of … EU Oilseeds Annual Report 2021 8 EU Total Oilseeds Crush MY 2021/22 EU total oilseeds crush is expected to increase by only half a percent despite an increase of six percent in production. According to USDA’s Acreage report, U.S. farmers planted a record 85.1 million acres of soybeans this year. The USDA is scheduled to release its … Exports to China jumped $6.2 billion (up 77 percent) from last year, significantly contributing to the rise in total exports. Soybeans. 2020/21 crush. Soybeans Sv1 gave up 0.3% to $12.37-1/2 a bushel and corn Cv1 lost 0.1% to $5.81-1/2 a bushel. Prices, yields, and values are given for the current week, the prior week, and the prior year. The USDA pegged production at 4.425 billion bushels on a yield of 51.2 bushels per acre in a monthly crop report. Soybean oil prices are getting support from recovery in crude oil prices, the USDA said. Evening Report: Dec. 1, 2021. Evaluating U.S. Department of Agriculture’s Long-Term Forecasts for U.S. However, crush in the first month of 2021-22 was disappointing, down 5% from last year, so it seems unlikely USDA will increase the crush estimate in Tuesday’s report. GX_GR211 St Joseph, MO Wed, Nov 24, 2021 USDA-MO Dept of Ag Market News Soybean prices compared with value of oil and meal This week Last week Last year Unit Nov 25, 2021 Nov 18, 2021 Nov 26, 2020 Soybean oil, crude tank cars & trucks Central IL. If you would like to view reports for a different time frame you can select the desired dates in the following form. This report covers the Central Illinois soybean crush. The agency has the distinction of being known as The Fact Finders of U.S. Agriculture due to the abundance … The USDA put out its report of oilseed crushings for October in the U.S. on Nov. 1. Home; Report-Soybean Crush Report (GX_GR211) Stay connected: Soybean Crush Report (GX_GR211) Slug Id: 3191 NASS publications cover a wide range of subjects, from traditional crops, such as corn and wheat, to specialties, such as mushrooms and flowers; from calves born to hogs slaughtered; from agricultural prices to land in farms. In the US, soybeans are the dominant oil seed, and account for 90 percent of the nation’s oil seed production, according to USDA. That is an agricultural commodity class that also includes canola/rapeseed, sunflower, and flax seeds, as all of these are produced into vegetable oils. Data presented include soybean and soybean product prices, yield, and value. In its August estimates, the USDA pegged the U.S. soybean crush at 2.20 billion bushels. China’s 2020/21 crush is lowered 1.0 million tons to 93.0 million based on end of year data. That was below analysts' expectations for a … This monthly release is part of the Current Agricultural Industrial Report (CAIR) program, and covers the crush of oilseeds and production of crude oil for selected states and the U.S. as well as U.S. production and consumption of selected fats and oils for edible and inedible uses. Surging wheat futures, reflecting tight projected 2021-22 wheat ending stocks in both the United States and … GX_GR211 St Joseph, MO Wed, Nov 24, 2021 USDA-MO Dept of Ag Market News Soybean prices compared with value of oil and meal This week Last week Last year Unit Nov 25, 2021 Nov 18, 2021 Nov 26, 2020 Soybean oil, crude tank cars & trucks Central IL. Now, the downside. The default view will be seven (7) days starting from today. Good news on the soybean crushing side however — strong crush margins have led to a record early season crush. The July U.S. soybean crush likely rose to 4.957 million short tons, or 165.2 million bushels, according to the average forecast of eight analysts surveyed by Reuters ahead of … Based on a higher forecast of harvested acreage, forecast soybean production for 2015/16 increased 35 million bushels this month to 3.885 billion. Per the USDA, 188.2 million bushels of beans were crushed during April, resulting in 2.0 billion pounds of oil and 3.77 million tons of meal. The U.S. corn and soybean harvests are virtually complete, with the USDA reporting both crops as 95% harvested by Nov. 21. Crush estimates ranged from 162.9 million bushels to 165.0 million bushels, with a median of 163.2 million bushels. Harvested Area This report analyzes the accuracy of the historical baseline projections for U.S. corn, soybean, and wheat harvested area for the period from 1997 to 2017. The Fats and Oils: Oilseed Crushings, Production, Consumption and Stocks report released on April 1, 2020 by USDA’s National Agricultural Statistics Service is being reissued due to changes and/or corrections made to the following tables: Soybean Crushing, Production, Consumption and Stocks – United States: February Crop Calendar. Evaluating U.S. Department of Agriculture’s Long-Term Forecasts for U.S. The soybean crush in 2021-22 was projected at 2.190 billion bushels, unchanged from the October forecast and up … This report covers the Central Illinois soybean crush. Wheat Corn Soybean Sunseed Market. In July, the USDA pegged the U.S. 2021/22 soybean ending stocks at 155 million bushels. Only a marginal increase in … If these ending stocks are realized, the USDA says this would be the lowest since 2013/14. Will the USDA cut corn ethanol usage and cut corn exports? The strong crush margins are based largely on the value of the oil content in soybeans. Soybean Harvest Progress Back on Pace Following a Slow October. USDA this month to boost its forecast of the 2017/18 crush by 15 million bushels to 2.055 billion.

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