U.S. Soybean Crush Needs to Pick Up to Meet USDA Target — Market Talk
Bullish strength: 35/100
- Monthly crushes need to average 235 million bushels to meet the USDA forecast, potentially requiring stronger processing activity.
Bearish strength: 65/100
- September soybean crushing fell to 199 million bushels from 210 million in August.
- Crushing was down from 205 million bushels a year earlier.
- Crude soybean oil production declined 4% year over year.
- Soybeans and soybean oil were both trading lower.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.