PDF attached
Daily NOPA crush rate was reported at a record 5.98 million bushels per day, above the previous record of 5.85 million back in March 2020. Soybean crush of 185.2 million bushels was up from 161.5 million for the month of September, 8.1 million above trade expectations, and well above 175.4 million a year earlier. With soybean oil stocks coming in at 1.487 billion pounds, 39 million above trade expectations, domestic use was better than expected. Soybean meal exports were an excellent 946,000 short tons, above 895,000 year earlier.
Terry Reilly
Senior Commodity Analyst – Grain and Oilseeds
Futures International
One Lincoln Center
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Oakbrook Terrace, Il. 60181
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Skype: fi.treilly
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Crush-est-FI111620.pdf