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The volume of soybean processing in the United States remains at a high level, despite a slight decrease in January.
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The volume of soybean processing in the United States remains at a high level, despite a slight decrease in January.

In January, soybean processing in the USA reached 5.45 million tons, slightly below the previous record. Some plants slowed down due to weather conditions, while the demand for soybean oil decreased. Global soybean processing increased to 349.3 million tons, and soybean meal trading rose to 107.4 million tons.

21 February 2025 21 February 2025

According to NOPA data, in January, the soybean processing volume in the United States reached a huge 5.45 million tonnes. Although this figure remains the second highest in history, it decreased slightly by 169 thousand tonnes compared to the previous record. Nevertheless, it is still 7.9% higher compared to January of the previous year.

Some plants slowed down processing due to harsh winter weather conditions and an excess of soybean meal. At the same time, demand for soybean oil in the domestic market decreased, although stocks remain high.

The February USDA report shows that the global soybean processing volume increased by 1.9 million tonnes to 349.3 million tonnes. Also, global soybean meal trade grew by over 300 thousand tonnes, reaching 107.4 million tonnes.

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