US soybean crush hit record high for month in May

US soybean crush hit record high for month in May

US soybean crush climbed to a record high for the month of May, according to the latest data released by the National Oilseed Processors Association (NOPA) on Monday June 17.

 

The May soybean crush figure was 183.63 million bu, up by 8.38% from April’s seven-month low of 169.44 million bu. The May crush figure was more than 5 million bu above the average market expectation for the month of 178 million bu.

Market sources had anticipated an increase in crush in May following an improvement in margins and the completion of maintenance and repair downtime at processing plants in April.
  
NOPA’s estimate of soybean oil stockpiles among members in May was down by almost 6% month on month to 1.72 billion lbs, from 1.83 billion lbs in April and well below average market forecasts. Domestic soybean stocks in May were down by close to 8% year on year from a total of 1.87 billion lb in May 2023.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

06.27.2025

Sausage casings bulletin, June 27, 2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

Membership required to view content.


...

Membership is required to vi...

06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

Membership required to view content.


Membership required to view content.


Exchange rate:
EUR/USD — $1.153

Resale European hog runner:

06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

Latest Tweets