FW: NOPA

Jul 16, 2018

 

From: Terry Reilly
Sent: Monday, July 16, 2018 11:03:59 AM (UTC-06:00) Central Time (US & Canada)
Subject: NOPA

FI PDF attached

August soybean oil attempting to recover.

 

THOMSON REUTERS

EIKON

TM

 

Alerts History

  • 16-Jul-2018 11:00:05 AM – U.S. JUNE SOYBEAN CRUSH 159.228 MILLION BUSHELS – NOPA
  • 16-Jul-2018 11:00:05 AM – U.S. JUNE SOYOIL STOCKS 1.766 BILLION LBS – NOPA
  • 16-Jul-2018 11:00:05 AM – U.S. JUNE SOYMEAL EXPORTS 857,275 TONS – NOPA

NOPA June soy crush 159.228 mln bu, highest ever for the month – Reuters News

16-Jul-2018 11:00:21 AM

To view this story on Eikon, click here

  • NOTE: For a table detailing NOPA data by region, see Eikon page 0#SEED-US-STAT

By Karl Plume

CHICAGO, July 16 (Reuters) – U.S. soybean processors crushed 159.228 million bushels of soybeans in June, the largest ever crush volume for the month, the National Oilseed Processors Association (NOPA) said on Monday.

The crush was down from the 163.572 million bushels crushed in May and slightly below the trade estimate of 159.637 million bushels, based on an average of nine estimates gathered by Reuters.

NOPA members handle about 95 percent of all soybeans processed in the United States.

The figure surpassed the previous June record of 145.050 million bushels, set in 2016.

Analysts had been expecting the largest-ever June crush as processing plants took advantage of highly profitable soy crush margins following a steep drop in prices for whole soybeans. (Full Story)

Soyoil stocks fell to 1.766 billion pounds by June 30 from 1.856 billion pounds a month earlier, NOPA said. It was a second straight monthly decline from a near five-year high set at the end of April.

Analysts, on average, had forecast soyoil stocks would slip to 1.807 billion pounds.

Soymeal exports in June totaled 857,275 tons, compared with 904,941 tons exported in May, NOPA said.

 

(Reporting by Karl Plume)

(( karl.plume@thomsonreuters.com ; +1 312 408 8704; Reuters Messaging: karl.plume.thomsonreuters.com@reuters.net ))

(c) Copyright Thomson Reuters 2018. Click For Restrictions – agency.reuters.com/en/copyright.html

Keywords: USA-OILSEEDS/CRUSH (URGENT)

 

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