soybean wrap 01.17.21

The National Oilseed Processors Association (NOPA) reported the December crush at its second highest level ever recorded by NOPA.

It did fall short of estimates on 01.15.21. Market estimates were 185.2 million bushels.

US crush remained solid at the end of 2020 despite six-year highs on the Chicago Board of Trade (CBOT).

Tightening global supplies and large purchases by China are helping commodity prices rise.

Published by mikebertelsen

Global market, trade, and financial news. I keep up to date with what I assess is important.

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