The National Oilseed Processors Association (NOPA) reported the US November soybean crush was the largest November crush on record and the third largest monthly crush total of all-time. The crush consumed 181.02 million bushels of soybeans, outpacing the previous November record of 166.374 bushels. The monthly crush was 2.3 percent below the all-time high reached in October but fractionally over analyst expectations of 180.02 million bushels. Soybean oil stocks grew five percent from October and were 0.6 percent over analyst estimates.
The crush has been operating above expectations for five of the past six months, generating plenty of meal and oil. Soybean meal exports of 1.081 million tons were the most for a single month since January 2013. Soybean meal exports were 14.4 percent above October and an impressive 24.5 percent over…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
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02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...