Crushing
Monthly oilseed crushing volumes, crush margins and vegetable oil stocks across major origins — with a proprietary pace index to anticipate supply shifts. Analyst plan unlocks all countries and the pace index.
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Graphique
USA — Soybean crush by campaign
| Month | 2020/21 | 2021/22 | 2022/23 | 2023/24 | 2024/25 | 2025/26 |
|---|---|---|---|---|---|---|
| September | 4.39 | 4.18 | 4.33 | 4.5 | 4.82 | 5.38 |
| October | 9.43 | 9.19 | 9.35 | 9.66 | 10.26 | 11.57 |
| November | 14.36 | 14.07 | 14.23 | 14.8 | 15.52 | 17.45 |
| December | 19.34 | 19.14 | 19.06 | 20.11 | 21.14 | 23.57 |
| January | 24.36 | 24.1 | 23.93 | 25.17 | 26.59 | 29.6 |
| February | 28.58 | 28.59 | 28.43 | 30.24 | 31.43 | 35.28 |
| March | 33.42 | 33.54 | 33.49 | 35.58 | 36.72 | 41.43 |
| April | 37.78 | 38.16 | 38.2 | 40.19 | 41.9 | 47.19 |
| May | 42.23 | 42.82 | 43.04 | 45.19 | 47.15 | 52.87 |
| June | 46.38 | 47.3 | 47.53 | 49.97 | 52.2 | 58.7 |
| July | 50.6 | 51.93 | 52.25 | 54.95 | 57.52 | 64.59 |
| August | 54.92 | 56.43 | 56.64 | 59.25 | 62.68 | 70.18 |
Where the crush pace stands
USA Soybean crush, 2025/26
Cumulative USA soybean crush reached 70.18 Mt as of August in the 2025/26 campaign. That is up 12.0% against 62.68 Mt at the same point of 2024/25. The 5-season average for this point of the season is 57.98 Mt, putting the current pace up 21.0%.
Cumulative crush volumes for the latest reported month, compared with the same month of the previous campaign and with the five-season average. Updated automatically with every data refresh.