Soybean Crush Reports

I am watching the Soybean Crush reports. Long term, the increased crush pace is positive for soybean prices. On Monday the National Oilseed Processors Association (NOPA) report showed a record soybean crush for the month of March at 196.4 million bushels. This was a little less than trade expectations, so the report was viewed as negative for prices. Long term, the additional crush capacity is positive. 

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.