I am watching the soybean crush margins. The National Oilseed Processor Association (NOPA) crush report on Friday showed record soybean crush for November. The current pace after just three months shows crush running 43 million bushels above the most recent USDA projection. This report does not show any slow-down in soybean demand.
Get our daily in-depth analysis delivered directly to your inbox by 5:30 AM CST each morning, along with other services created specifically for farmers, when you become a Kluis Commodity Advisors client. Try our Kluis Commodity Advisors 30-day free trial to test it out.