16.
05.18
11:27

NOPA members processed a record amount of soybeans in April

Soybean processing in the US rose 16% in April compared to April 2017. The largest volume of April in US history has been processed, the oilseed federation NOPA yesterday told the press.
Soybean oil stocks are currently at their highest level in nearly five years.
The NOPA members process 95% of all US soybeans. They lost 161.016 million bushels of soybeans last month, slightly less than the March amount of 171.858 million bushels, but much more than the 139.134 million bushels in April 2017.
The previous April record from 2015 was thus exceeded.
In the run-up to the release, market participants had expected a processing volume of 160.966 million bushels in a Reuters poll. The processing margins are currently satisfactorily high for the mills.
On April 30, a US $ 2.092 billion soybean oil supply was detected in the US. In March, it was still 1.946 billion pounds. This is the largest soybean oil stock since June 2013, says the NOPA.
Soybean meal exports in April reached 946,291 tonnes, exceeding March exports of 878,582 tonnes.In April 2017, the US exported 595,468 tons.
Text: HANSA Derivatives Trading GmbH / Source: NOPA

Rückrufservice
Please describe your request so that we can prepare for the callback.
Yes, I have read the Privacy Policy note and I consent that the data provided by me, including the contact data, for the processing of the inquiry and in case of questions are electronically collected and stored. My data will only be used strictly for my request and will not be passed without my consent. This consent can be revoked any time with effect for the future.'
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
Help?

Do you have questions about ZMP Live? Our team will be happy to help you. Please feel free to send us a message:

Our privacy policy applies

CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Register now

Jetzt registrieren und ZMP Live+ 14 Tage kostenlos testen!
  • Dauerhaft kostenfrei
  • Keine Zahlungsinformationen erforderlich