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| NOPA was super strong Friday. Setting a new record for the month.
This was a whopping +12.6% increase from last year. The YTD pace is +6% higher than the USDA's current view.
A lot of advisors and analysts think the USDA could be 50 million to even as much as 100 million light on their crush number for beans.
I think it’s halfway built into the market.. but if we get some exports to follow it up that leaves a lot of upside for soybeans.
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USDA 50 million to as much as 100 million light on crush?
