NOPA crush, up 5.23% over last year but slowing

The June soybean crush totaled 142.473 million bushels, which beat analyst estimates of 141.478 m/b. This is up 20% from last year and a record for June production.  However, it is also down 4% from last month and has been lower in each of the past 3 months, indicating that the crush is slowing.  5.23% more soybeans have been crushed from September through June than had been crushed during the same time…