CROP SURVEY: US Soybean Crush and Corn for Ethanol

The following is from a Bloomberg survey of seven anlaysts.

  • Soybean crush seen at 196.3m bu in Jan., a 2.7% rise from a year ago
  • Crude and once-refined soybean-oil reserves at end of January seen at 1.994b lbs, down from 2.356b
  • Corn used in ethanol production seen up 1.1% y/y to 445.9
  • The USDA is scheduled to release its January Fats and Oils report along with the Grain Crushings report on March 1 at 3pm

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