NOPA July Crush Data

NOPA’s recently released crush data for July shows that 144.718 million bushels were crushed during the month, surpassing the average analyst estimate of 143.004 million bushels to be crushed. The crush was up 4.8% from June and 0.7% more than the 143.715 million bushels crushed during July of 2016. Meal exports of 596,767 tons, were 6% more than what was shipped June and 3% more than activity in July of 2016. 

Soybean oil stocks…