Using our unique, real-time monitoring technologies, we compose our national outlook based on observations from key soybean processing facilities. Our real-time monitoring creates a separation between "normal" processing period and an outage or low operational period for a facility. Normal processing periods are used to represent the entire crushing population while the outage periods are isolated to impact a single facility. This creates never before seen evaluation capabilities for national crush.
We also monitor non-National Oilseed Processors Association (NOPA) facilities to provide direct insight into prospective differences between NOPA and the National Agricultural Statistics Service (NASS). Using the direct outage information as well as the processing rate model, we created a model to predict the NOPA crush statistics (nationally and regionally) up to two weeks prior to the official release. This prediction is also about three weeks ahead of the NASS report, providing timely, impactful data.
In addition to our official prediction of the Monthly NOPA Crush number, we provide a Daily Crush Outlook for the current month. This report takes advantage of our real-time monitoring to compile our month-to-date data and estimate a processing rate for the current month. Our report is released daily and begins following the release of the official NOPA Crush number (approximately on the 15 of each month).
Count on the details and understand the soybean landscape:
- Unparalleled Access: With mid-month projections and the official NOPA estimate, access any processing or outages trends up to five weeks ahead of the official NOPA release.
- Accuracy: Our accuracy leads the industry. Dating back to February 2016, our average regional estimates have been within 0.68 million bushels while our average national estimate has been within 2.0 million bushels. Our R-squared correlation to NOPA and NASS national statistics is greater than 0.92 for each index.
- Timeliness: Receive daily current month NOPA Crush Estimates beginning immediately after the NOPA release. Following the mid-month NOPA release, we run models to take the current month to date crushing rate and extrapolate it through the end of the month. This gives you early insight into crushing rates.
PAPER SOY TRADERS:
With projections up to 5 weeks ahead of official release, be the first to know if the industry is ramping up or down.
PHYSICAL SOY TRADERS:
Keep tabs on bean prices and processing rates in your area. When major plants go down, bean prices respond.
SOYBEAN PROCESSING FACILITY OPERATORS:
Be the first to know if facilities are down, so you can keep tabs on where to get supply.
FREIGHT & SHIPPING LOGISTICS:
Our soy oil and meal projections give insights into export shipping needs
Our soy meal projections can help with your feed buying decision making.