USDA Oilseeds Monthly Report: November Soybean Crushing Down Month-on-Month, Soybean Oil Stocks Accumulate Beyond Expectations

Golden Ten Data Futures reported on January 3 that the USDA's monthly oilseed report shows that the U.S. soybean crush volume for November 2025 is 6.62 million tons (221 million bushels), lower than October's 7.09 million tons (236 million bushels). Notably, soybean oil inventories have surged to 1.697 billion pounds, a month-on-month increase of 25%, and soybean meal inventories have also recorded growth. Rapeseed crush volume and animal fat production both saw a month-on-month rebound.