US April soybean crush falls to 211.856 million bushels
April US soybean crush fell to 211.856 million bushels as plants idled for repairs. The total missed estimates while soyoil stocks hit a three-month low.
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The National Oilseed Processors Association crushed 211.856 million bushels of Soybeans in the United States during April. This volume fell 6.3% from March and missed the 214.030 million bushel average estimate from eight analysts surveyed by Reuters. Lower processing levels may tighten vegetable oil supplies despite processors idling plants for seasonal maintenance following record production runs.
