*Please Note – Amanda is out of the office Monday July 17 through Friday July 21. Please contact Bob Lane with at [email protected] during Amanda’s absence.
June 2023 Soybean Crush Falls Below Analysts’ Expectations, Oil Stocks at 7-Month Low
The National Oilseed Processors Association (NOPA) reported the June soybean crush at 165.023 million bushels, 7.25 percent below the 177.915 million bushels crushed during May but fractionally above the 164.677 million bushels processed in June 2022. The crush was expected to be the largest ever for the month of June, but fell short of the current record of 167.263 million bushels crushed in June 2020. Estimates for the crush ranged between 165.580 million to 172.763 million bushels with an average analyst estimates of 170.568 million bushels. The June soybean crush dropped to a 9-month low.
The USDA July 2023 World Agriculture…
01.15.2025
DOE, USDA release updated GREET, CSA models
On Wednesday January 15, the US Department of Energy (DOE) released the long-awaited update to the Greenhouse Gases, Regulated Emissions and Energy Use in Transportation (GREET) model, now called...
01.15.2025
US animal fats and oils markets climb, tracking gains in vegoils, energy complex
After a relatively slow start to the week, trading in the US animal fats and oils markets gained momentum on Wednesday January 15, driven by developments in the macroeconomic...
01.15.2025
Limited trade keeps most animal protein prices flat; December NOPA crush pressures soybean meal
Limited trade volume was reported to Fastmarkets on Wednesday January 15, with most US animal protein trade prices remaining rangebound for the day, according to market sources.
The...