News  Agriculture  Crops

Crush Capacity Growth: What does the future hold for one of the largest soybean carry?

Exports are predicted at nearly 1.9 billion bushels, and crush is expected to take up 2.4 billion bushels, an all-time high.

February 22, 2024 10:36 AM • 
RFD-TV News Staff, Currey McCullough

The U.S. is set to see its largest soybean carry in more than 15 years.

It comes at a time when crush will likely outpace exports but uncertainty remains about the future of sustainable fuels.

The most recent USDA forecast for the 2024-2025 soybeans supply is 4.5 billion bushels. Exports are predicted at nearly 1.9 billion bushels. Crush is expected to take up 2.4 billion bushels, an all-time high. Ending stocks are looking to be around 435 million bushels, which would be the largest U.S. bean carryout since the 2006-2007 crop year.

The growth in crush capacity comes as more focus is put on biofuel growth, but that growth could be in jeopardy as the White House prepares to adjust modeling for corn-based ethanol.

EPA Administrator Michael Regan will join Ag Secretary Tom Vilsack at next month’s Commodity Classic where he is expected to make that announcement.

Related Stories
maritime mandate 1280.jpg
News
California’s new maritime mandate could have some serious ripple effects on producers and the supply chain
May 17, 2024 12:53 PM
0uW0C33n.jpg
Livestock
Let’s celebrate National Beef Month with Noble Ranch in Colorado
May 17, 2024 12:18 PM
GHror8AV.jpg
FarmTech
University of California’s Cropmanage is changing how growers manage their fields
May 17, 2024 11:43 AM
Load More

Soybeans
RFD-TV News Staff
RFD-TV News Staff
Agriculture Shows
LiveToFarm_HeaderImage_1920x1080.jpg
TheFarmersTable_logo_1280x720.jpg
UltimateRanchTruck-TheDuke_logo_1920x1080.jpg
Legacies_logo_600x474.jpg
The New Crop
Live to Farm
Journey into lives of two hard-working farm families to see the risks, rewards, and funny shenanigans that take place every day. From cat-fishing and watermelon smashing and pig chasing and go-cart racing—there is never a dull moment on these family farms. We’ll also get a modern look at the newest cutting-edge farming techniques that are revolutionizing the industry and providing a greener and more sustainable way to grow.
Farmers’ Table
Each week on The Farmer’s Table by Pivot Bio Originals features an honest conversation about agriculture’s biggest issues: technology, policy, labor, etc. Nothing is off-limits.
Ultimate Ranch Truck
Heavy D, Diesel Dave and the crew at DieselSellerz are known for building big, bad diesel trucks. Is the team up for the challenge of building the ultimate farm truck? Follow along as the team navigates the challenges of the build while preparing to change the way people look at farm trucks. Check out this all-new show from Pivot Bio!
Montana Farm Bureau’s Legacies
The idea of a legacy is crafted with future generations in mind, but the reality of one is chiseled by thousands of big and small choices made by generations gone by. If we study the past, can we find hope for the future? Can a foundation of organized agricultural democracy still be used to improve the quality of rural life? Throughout the past 100 years, the people, principles and purpose of the Montana Farm Bureau Federation have offered a resounding ‘yes’ to these questions.
The New Crop
RFD-TV has partnered with a handful of agricultural social media influencers whom we have dubbed The New Crop. These folks have taken to the internet to tell their stories and to raise awareness of where our food comes from and all that goes into feeding the world population.