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StoneX published its NOPA Soybean Crush Summary for June 2023. The text provided is mostly boilerplate disclosures and contains no crush figures or analysis.
The June NOPA crush and soyoil stock data feed into soybean oil and meal balance sheets, but this text does not provide the numbers needed to judge the price effect.
stonex.comMatt ZellerJul 17, 2023After 563 past neutral report events, SOY moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
After 250 past neutral report events, SBM moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% over 20.
After 114 past neutral report events, SBO moved a median +0.1% over 5 sessions (52% higher; middle half -1.7% to +1.4%), and +0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
