November soybean crush numbers higher on year

In Washington, Brownfield Ag News reports US Department of Agriculture data shows the soybean crush in November was 15 million bushels lower than in October, at 221 million bushels, but it still remained 11 million bushels higher than the same period last year. Compared to last November, soybean oil stocks are higher now while soybean meal stocks are lower.

For corn, the volume used in November for ethanol production was only 1% lower than in October at 471.866 million bushels, yet DDGS production fell 9% compared to the month before at 1,753,232 tons.