NOPA Crush Sets All-Time Record in October

soybeans
soybeans
(Farm Journal)

Members of the National Oilseed Processors Association (NOPA) crush 189.8 million bu. of soybeans in October, the highest total ever for any month. The crush pace increased 14.7% from September and was 2.9% above last year.

NOPA data implies a full October crush of 202 million bu., which would also be an all-time record.

Soyoil stocks totaled 1.099 billion lbs. at the end of October, down 8.6 million lbs. from September, despite the strong crush pace. Soyoil stocks fell for a sixth straight month as renewable diesel use continues to use more soyoil than expected.

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