USDA December Crush Data

The USDA’s January crush data showed some variance from the data NOPA had previously reported.  Per the USDA, 174,516,800 bushels of beans were crushed during the month of January. This resulted in 1.998 billion pounds of oil and 3.867 million tons of meal. The crush slipped by 1.03% from December. Oil production declined by 0.87% and cake/meal output was 0.96% lower. Month ending stocks for soybean meal dropped 30% to 356,194…