November-March is the U.S. oilseed industry’s strongest season for crush, and this year it kicked off early, with October crush coming in at 153.5 million bushels, the largest in three years – up almost 9% from 2011 – and above trade expectations, according to data from the National Oilseed Processors Association (NOPA). The average trade estimate was 144.4 million bushels, up 21% from September and 2% from a year earlier, according to a Dow Jones Newswires survey before the NOPA data were released. But the range of estimates was unusually wide, 127.2-152.5 million bushels....
More