Soybean squeezing in the United States has reached a peak stage
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Last Update: 2001-11-20
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Source: Internet
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Author: User
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Introduction: with the end of soybean harvest in the United States, the soybean pressing Association of the United States released the oil pressing report in October, which means that the soybean processing and production in the United States has entered a peak stage From October to January next year, the operating rate of the soybean pressing plant in the United States is the highest in a year, and the soybean pressing volume is also the highest in the whole year After entering October last year, the soybean squeezing volume was 3.97 million tons, 3.81 million tons, 3.77 million tons and 3.89 million tons respectively This year, driven by the high income of American squeezing, the squeezing volume in October reached 3.99 million tons, an increase of 18% over the 3.4 million tons of last month, and a slight increase over last year From October to January next year, in the next three months, the crushing capacity of American soybean will remain at the level of 3.8 million tons per month American oil mills will continuously produce at full capacity, and the higher monthly crushing capacity will have a certain positive impact on Chicago soybean market
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