Tidbits, March Crush, April PMI, Barges, Export Sales 5/2/25
- Wright team
- May 2
- 4 min read
Tidbits
The total U.S. soybean crush for March was expected to be 205.5 million bushels, but USDA reported yesterday afternoon it was 206.572 million bushels, up 3% from a year ago. The March canola crush was 200,953 tons, down about 5% from a year ago. The total corn crushed in March was 504 million bushels and the corn for ethanol was 454 million bushels, both down 4% from a year ago.
New unemployment claims in the U.S. for the last reporting week were above average at 241,000, up 18,000 from the previous week and 17,000 higher than the market expected.
The Institute for Supply Management’s Purchasing Managers Index (PMI) for the U.S. slipped to 48.7 in April, down from 49.0 in March, but above market expectations of 48. The reading signaled a second consecutive month of contraction in the manufacturing sector. New orders declined at a slower pace of 47.2 vs. 45.2 last month because new export orders fell more steeply amid ongoing tariff-related disruptions.
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