NOPA May Crush Report Results

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May crush came in at 128,824 MB. The average estimate was near 126,984 MB but ranged between 120,550-134,793 MB. Last month, crush was 132,667 MB and the May 2013 crush was 122,631 MB.

Soybean oil stocks came in at 1,970,136. April 2014 oil stocks were 2,057,635 – May 2013 stocks 2,468,997.

 

SOYBEAN MEAL               May ’14          April ’14        May ’13

Exports (short tons)           465,301          670,455       425,742

Production (short tons)      3,043,732      3,152,024    2,912,260

Yield/Bu (lbs)                    47.25              47.52            47.50

 

SOYBEAN OIL                    May ’14      April ’14     May ’13

Production (mln lbs)            1,520.8     1,555.5     1,461.9

Yield/Bu (lbs)                     11.81           11.72       11.92

WRITTEN BY Alyssa Badger

Alyssa started her career in 2008 at the Board of Trade managing a firm that had a primary focus in grains. The nucleus of her position centered around order entry and research development; from there, Alyssa's enthusiasm for commodities continued to grow and expand. This enthusiasm lead her to move to West Texas and assist in hedging for the largest originator of U.S. cotton to textile mills worldwide. Alyssa has now settled back in Chicago as a Trading Consultant for Highground Trading, Inc. Contact Alyssa