Source: National Oilseed Processors Association (NOPA)
The National Oilseed Processors Association (NOPA) issued its mid-month member crush and stocks report on Friday March 15.
According to U.S. Soy, the February data showed that members crushed 4,205 MT, or approximately 154.5 million bushels, in the month.
This is a new monthly record ahead of 4,184 MT, or about 153.7 million bushels, crushed last February.
On a per-day basis, crush slowed slightly to pace about 150,200 tonnes per day down from 150,700 tonnes/day in January.
The monthly chart above shows that U.S. soybean processors have maintained historic-crush rates in recent months thanks to strong processing margins and ample domestic soybean supplies.
