Rationing the 2012 US Soybean Crop
date:Aug 22, 2012
rcent more than crushed last year. Through the first 11 months of the marketing year, estimates by the National Oilseed Processors Association of the size of the crush by its members exceeded the crush of a year ago by 2.88 percent. The crush was nearly 8 percent smaller in the first quarter of the year, but nearly 13 percent larger in June and July. The year-over-year increase in the crush has been driven by soybean meal consumption. In February, the USDA projected a year-over-year decline in s
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