NOPA Crush 8-15-2017
August 15th, 2017
144.718 million bushels processed last month. That was over the 143.004 expectation. It was also 0.7% over last year. That corrects the previous five months of year over year declines.
From September through July NOPA member plants have processed 1.643 billion bushels of soybeans, +0.1% from last year.
USDA’s whole-year goal was just reduced last week from 1.900 billion bushels to 1.890, 0.2% over last year. With only August remaining, it appears we will meet this new reduced estimate.
