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Correction: Soybean crush margins were estimated at $5.64. This is $2.36 better the the 52-week average of $3.28 and $2.87 better than the 5-YEAR AVERAGE of $2.77.
Soybean crush margins were estimated at $5.64. This is $2.36 better the the 52-week average of $3.28 and $2.87 better than the 52-week average of $2.77. #OATT
The USDA reported the soybean crop at 87% planted, a progression of 8% week over week. This is 4% ahead of last year and 7% ahead of the 5-year average. #OATT
Corn export inspections were higher week over week and year over year. Soybean inspections were lower week over week but higher year over year. Wheat inspections were higher week over week but lower year over year. #OATT
Soybean cruse margins were estimated at a very strong $4.98. This is $1.78 above the 52-week average of $3.20 and $2.22 above the 5-year average of $2.76. #OATT
Corn and soybean export inspections were higher week over week and year over year. Wheat inspections were higher week over week but lower year over year. #OATT