From: Terry Reilly
Sent: Tuesday, February 18, 2020 11:19:06 AM (UTC-06:00) Central Time (US & Canada)
Subject: FI PDF for NOPA
PDF attached
- NOPA crush, daily adjusted, was record for any month. 176.9 million bushels ended up 3.2 million bushels above a average trade guess.
- SBM exports for the month of January of 931,100 tons were highest since 2015.
- Soybean oil stocks were unusually large at 2.013 billion pounds, 231 million above a trade estimate.
- The January soybean oil yield ended up 11.50 pounds per bushel versus 11.51 in December, and lowest for the month of January since 2015.
Terry Reilly
Senior Commodity Analyst – Grain and Oilseeds
Futures International │190 S LaSalle St., Suite 410│Chicago, IL 60603
W: 312.604.1366
AIM: fi_treilly
ICE IM: treilly1
Skype: fi.treilly
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Crush-est-FI021820.pdf