NOPA members crushed 182.2 million bushels of soybeans last month, down 2 percent from December and down 1 percent year on year. Cumulative Sep-Jan 2021/22 NOPA crush rose to 885.9 million bushels, down just 1 percent from last season to date thanks to December’s [...]
December soybean crush set a new record: NOPA members crushed an all-time high 186.4 million bushels last month, up from 179.5 million bushels in November and up 2 percent from December 2020. USDA’s most recent soybean oil consumption data is for November and shows [...]
While 2021/22 continues to look bullish for the soy complex, some early indications of the proverbial “light at the end of the tunnel” may be taking shape. Thus far, soybean oil yield appears to be on the higher side of the historical range, with [...]
NOPA members crushed 158.8 million bushels of soybeans last month, higher than estimates ahead of today’s report by about 4.5 million bushels. NOPA's cumulative crush for the 2020/21 Sep-Aug soybean marketing year ended at 2.02 billion bushels, meaning total U.S. crush was likely around [...]
NOPA members reported crushing 152.4 million bushels of soybeans in June, the lowest monthly crush since June 2019 and down 9 percent from a year ago. The industry had anticipated a decline in crush from the May volume, but expectations were closer to 159 million [...]
NOPA crush during April was about 5 percent lower than the average of analyst expectations ahead of today’s report. Although down from last year’s record volume for April, the month’s crush this year was around the same level as in 2018 and 2019. Crush [...]
Last week, the U.S. soybean crop was well ahead of average planting pace, at 61 percent planted vs. the 37 percent five-year average. Futures slid all week, falling 77 cents per bushel on the July contract to $15.26 per bushel. The market’s focus last [...]
NOPA processors’ March crush, 178.0 million bushels, was down 2 percent from last March but still the second highest on record for the month and reflected a good recovery from February’s low volume. In the April WASDE, USDA lowered 2020/21 crush by 10 million [...]
