LUBBOCK, TEXAS (RFD NEWS) — Strong domestic crush demand is driving higher soybean, soybean oil, and soymeal prices, according to analysis from the American Soybean Association and economist Jacquie Holland.
USDA’s latest WASDE report shifted 35 million bushels of soybean demand from exports into domestic crush, reflecting growing use tied to biofuels and livestock feed. That change helped support prices, with USDA raising the season-average soybean price to $10.30 per bushel.
Soybean oil is leading the rally. Increased demand tied to renewable diesel policy and tighter global energy supplies pushed soybean oil prices higher, with the USDA raising its price outlook 7 percent. Strong crush margins — now at multi-year highs — are encouraging processors to expand production.
Soymeal demand is also rising, supported by increased poultry and pork production as consumers shift toward lower-cost proteins. USDA raised soymeal prices by $10 per ton, reflecting strong domestic disappearance and export demand.
Globally, soybean supplies remain ample, but rising consumption — especially tied to energy and feed — continues to support the market.
Farm-Level Takeaway: Strong crush demand is supporting soybean price strength.
Tony St. James, RFD NEWS Markets Specialist
American soybean and corn leaders, along with Canada’s AgriFood sector, testified before the U.S. Trade Representative’s Office in support of the trade pact between the U.S., Mexico, and Canada.
December 05, 2025 12:29 PM
·
“The Expanding Access to Risk Protection (EARP) Final Rule streamlines requirements across multiple crops, responds to producer feedback, and strengthens USDA’s commitment to putting America’s farmers first,” said the USDA.
December 05, 2025 10:49 AM
Working capital is tightening for crop farms, increasing reliance on operating loans even as land values steady in the broader sector.
December 04, 2025 02:59 PM
·
Farm CPA Paul Neiffer has developed a detailed calculator to help producers navigate the program’s requirements. He joined us on Thursday’s Market Day Report to explain how it works.
December 04, 2025 01:20 PM
·
Strong plant output and rising exports contrast with softer domestic blending demand, suggesting margins are poised for volatility.
December 04, 2025 10:43 AM
·
Milk output is rising, but steep drops in Class I–IV prices are tightening margins heading into 2026.
December 04, 2025 07:00 AM
·
