2019/20 soybean stocks raised to 620 million

Friday’s WASDE report showed that USDA is expecting higher soybean ending stocks for this season, although it isn’t sure yet which use category will be the source. Crush for 2019/20 was raised 15 million bushels from the June estimate, to 2.155 billion bushels, while [...]

WASDE: 2019/20 corn, soybean stocks rise slightly

The June WASDE features few major changes to the overall corn outlook. Ethanol demand in 2019/20 was reduced by 50 million bushels to 4.900 billion bushels. This was partially offset by 2019/20 production falling by 46 million bushels, mainly due to unrecovered corn in [...]

Optimism wins last week, pulling soy complex prices higher

Soybeans ended last week strongly, with July-20 futures up by almost $0.30 per bushel. Optimistic signs of additional Chinese buying and weakening of the U.S. dollar offered hope of additional export demand. The market is preparing for Thursday’s WASDE without too much fanfare anticipated [...]

2019/20 October soybean crush breaks record

NOPA members crushed 175.4 million bushels of soybeans in October, up 2 percent from October 2018, the previous record holder. Soybean oil yield fell to 11.57 pounds per bushel in October, compared to 11.71 pounds a year ago, but the high volume of crush [...]

USDA projects 2 percent growth in soybean crush

In the August WASDE report, USDA forecast 2019/20 soybean crush at 2.115 billion bushels, up 50 million bushels from this season’s volume. With crush nearly complete for the 2018/19 marketing year, USDA is estimating total crush at around 2.07 billion bushels, about 1 percent [...]

April soybean crush down slightly YOY

NOPA members crushed almost 160.0 million bushels of soybeans last month, down about 1 percent from April 2018. Some in the industry expected crush to surpass 161.6 million bushels and break last year’s record for the month, and while that didn’t happen, this season’s [...]

Load More Posts