# NOPA crush numbers don?t give any help to the markets | Iowa Agribusiness Radio Network

> The NOPA June crush report was released on July 15, 2019, and came in lower than trade expectations. Analysts from Zaner Ag Hedge said the figures gave the market no support, and corn and soybean markets had just seen a profit-taking Monday.

- Date: 2019-07-15 · published 2019-07-15T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/58162-nopa-crush-numbers-don-t-give-any-help-to-the-markets-iowa-agribusiness-radio
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A weaker-than-expected crush signals softer soybean meal demand, which tends to pressure meal prices and weigh on soybean futures.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2019-06-11 | [WASDE report gives bullish numbers to corn \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/58540-wasde-report-gives-bullish-numbers-to-corn-iowa-agribusiness-radio-network.md) | +3.5% | -1.8% |
| SBM | 2017-07-12 | [Grain market tumbles following USDA report - Iowa Agribusiness Radio Network](https://feedsoft.ai/events/6473-grain-market-tumbles-following-usda-report-iowa-agribusiness-radio-network.md) | -3.9% | -8.6% |
| SBM | 2019-08-12 | [Corn ending stocks takes analysts by surprise \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/57552-corn-ending-stocks-takes-analysts-by-surprise-iowa-agribusiness-radio-network.md) | -0.6% | -2.8% |
| SBM | 2017-12-12 | [USDA lowers corn ending stocks, raises soybean \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/67416-usda-lowers-corn-ending-stocks-raises-soybean-iowa-agribusiness-radio-network.md) | -2.3% | -4.0% |
| SBM | 2018-05-15 | [Crush Numbers Confirm Growing Meal Supplies \| Red River Farm Network](https://feedsoft.ai/events/65098-crush-numbers-confirm-growing-meal-supplies-red-river-farm-network.md) | -2.7% | -9.3% |
| SOY | 2019-06-11 | [WASDE report gives bullish numbers to corn \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/58540-wasde-report-gives-bullish-numbers-to-corn-iowa-agribusiness-radio-network.md) | +6.3% | +2.8% |
| SOY | 2017-07-12 | [Grain market tumbles following USDA report - Iowa Agribusiness Radio Network](https://feedsoft.ai/events/6473-grain-market-tumbles-following-usda-report-iowa-agribusiness-radio-network.md) | -3.5% | -6.1% |
| SOY | 2019-05-10 | [USDA releases ?big, bearish numbers? in WASDE \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/59046-usda-releases-big-bearish-numbers-in-wasde-iowa-agribusiness-radio-network.md) | +4.9% | +7.0% |

## Sources

- iowaagribusinessradionetwork.com: https://iowaagribusinessradionetwork.com/nopa-crush-numbers-dont-give-any-help-to-the-markets/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.