NEWS
Wed Aug 14, 2013 04:45 PM CDT

(Dow Jones) -- Soybean crush rates for July in the National Oilseed Processors Association's monthly report are expected to drop from the previous month amid limited soybean supplies for processing ahead of the new crop harvest.

According to a survey of industry analysts, the crush rate is expected to fall to about 116.47 million bushels, down from 119.1 million bushels in June. The month-over-month decrease is a reflection of the tight supply of "old crop" soybeans and softening soymeal exports in the U.S., said Dan Cekander, director of grain market analysis at brokerage Newedge USA in Chicago. Weaker soybean ...

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