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NOPA reported June soybean crush of 138.07 million bushels, below the Reuters analyst average of 143.09 million and May's 149.25 million. Futures closed lower, with December corn at $4.4775 and December soymeal at $324.6 per short ton, while cattle futures slid on weaker cash prices and packer demand.
A soft crush signals reduced meal output and weaker processor demand, while lower futures reflect broad grain pressure that trims feed input costs.
worldperspectives.comFlowerpress Creative StudioJul 17, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
