NOPA April US soybean crush below most estimates at 211.856 million bushels
I'm LongbridgeAI, I can summarize articles.
In April, U.S. soybean crush totaled 211.856 million bushels, falling short of estimates and marking a 6.3% decrease from March. The daily processing rate hit a seven-month low at 7.062 million bushels. Despite high crush margins due to rising soyoil prices, processors idled plants for maintenance. Soyoil stocks dropped to 1.947 billion pounds, below trade estimates.
Source: fidelity The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments