# World Perspectives

> 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.

- Date: 2017-07-17 · published 2017-07-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/70041-world-perspectives
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

A soft crush signals reduced meal output and weaker processor demand, while lower futures reflect broad grain pressure that trims feed input costs.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- LCATTLE: bearish ▼

## Sources

- worldperspectives.com: https://worldperspectives.com/articles/oilseed-highlights-nopa-soy-crush-us-biodiesel-tax-credit-sunseed-production-in-bulgaria-and-romania-brazils-road-blockade

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