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Highlights, NOPA, Markets & Rain Days Update 7/16/22

Highlights


The National Oilseed Processors Association (NOPA) reported yesterday their members crushed 164.677 million bushels of soybeans in June, slightly above the market estimates.

To learn all about the NOPA, go to: https://www.wrightonthemarket.com/post/about-the-nopa

While export sales are always poor during the "dog days" of summer, Thursday's weekly export sales report showed China did buy quite a bit of old crop corn (for this late in the marketing year).

Brazil passed a law that would return a tax advantage for biofuel over fossil fuels for the next 20 years.

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