December soybean crush up 3 percent from last year

NOPA members reported crushing over 171.7 million bushels of soybeans last month, up 3 percent from November and from December 2017. Crush was a bit higher than the industry anticipated, which was around 170 million bushels, and confirms robust domestic demand continues for soybean [...]

China may not need U.S. soybeans after all

China imported 98 MMT of soybeans last year and was projected to reach 100 MMT this year. As China shifted to Brazilian soybeans, it was expected that at some point Brazil would run out and China would be forced to buy U.S. soybeans. However, [...]

Broiler hatches continue to rise year over year

Broiler chick hatches totaled 821.4 million in June, repeating May’s 2 percent year-over-year growth rate. There were 688.9 million broiler-type eggs in incubators as of July 1, up 2.5 percent from a year ago and pointing to July’s hatch being about 1 percent higher [...]