2019/20 US Soybean Crush Update
NOPA reported a November soybean crush rate of 165 Mil Bu, down 2 Mil Bu from a year ago, and 7 Mil Bu short of expectations. With NOPA generally accounting for 94% of the total US soybean crush, AgResource estimates a November crush total of 175 Mil Bu. This puts the 1st quarter crush rate…