NOPA July crush increases, above average expectations

July 2023 soybean crush was above analysts’ expectations: Soybean crush increased for the month of July with about 173.0 million bushels crushed in July 2023, due to seasonal maintenance and repairs at processing plants. This year has recorded the highest July soybean crush since [...]

NOPA June crush declines, below average expectations

Soybean crush reduced for the month of June with about 165.0 million bushels crushed in June 2023 due to seasonal maintenance and repairs at processing plants. June’s soybean crush is the lowest in nine months. NOPA processors crushed 12.9 million less bushels than in [...]

Soybean exports strong, Ukraine export deal limits price upside

Futures activity Jan-23 soybeans closed last Friday at $14.28 per bushel, down 12 cents from last Monday. Dec-22 soybean oil ended the week down more than 3 cents at $0.7274 per pound. S&D and fundamental factors NOPA crush was 184.5 million bushels in October, [...]

Soy oil, meal futures decouple from soybeans

Futures activity Nov-22 soybean futures ended last week at $13.9550 per bushel, up about $0.10 per bushel from the beginning of the week. After a Thursday rally, Dec-22 soybean meal closed the week at $417.90 per short ton. Dec-22 soybean oil also ended the [...]

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