The National Oil Seed Processors Association reported that the May soybean crush attained 169.6 million bushels up 10 percent from May 2019. 

For the week ending June 15th soybean exports amounted to 376,300 metric tons of which 65,000 metric tons were consigned to China.  Egypt received 104,000 metric tons with 55,000 metric tons each for Bangladesh and Mexico.

According to the USDA, total inspections for the 2019-2020 market year attained 36.1 million metric tons approximately 0.5 million metric tons above the year-to-date 2018/2019 market year.  The July 2019 USDA forecast, anticipates exports for the 2019/2020 marketing year of 45 million metric tons representing a shortfall of 9 million metric tons over the original annual projection.

(1 metric ton = 36.74 bushels)