Soybean Processing Monitor
Track over 170,000 vessels with the most comprehensive terrestrial and satellite AIS data.
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 15th of each month).
Designed for you
Learn how the Soybean Processing Monitor can help.
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.
Accurate data
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.
Timely insight
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.