The National Oilseed Processors Association reported a record December soybean crush. Comstock Investments market analyst Joe Camp gives some of the credit to the new crush capacity. “We do have new plants in the west that have come online here and until recently, you’ve had near-record profitability for crushing beans into oil,” said Camp. “We talk about the biodiesel demand, but following the drought in Argentina last season meal export demand rose to a record this season.”
