NOPA November Crush

The NOPA crush for November came in far lighter than what analysts had been expecting.  Trade expectations had been looking for the crush to fall in the 157.7 to 165.4-million-bushel range, with the average expectation set at 161.7 million.  The actual crush was pegged below the range at 156.134 million bushels. This is down 1.74% from October and 3.15% lower than last November’s crush. This was the lowest November crush since 2011.

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