US Soybean Crush Rebounds in June, Exceeding Analyst Expectations

U.S. soybean processors crushed more soybeans than analysts expected in June, with the daily processing rate rebounding to a three-month high after a period of seasonal maintenance, according to a report released Wednesday by the National Oilseed Processors Association (NOPA).

June Crush by the Numbers

NOPA members, who account for the vast majority of the nation's soybean processing, crushed 214.340 million bushels last month. This figure represents a significant increase from both the prior month and the previous year.

• The total was up 2.7% from the 208.785 million bushels crushed in May.
• It marked a 15.7% jump compared to the 185.270 million bushels processed in June 2025.

The daily crush rate accelerated to 7.145 million bushels per day, recovering from May's 6.735 million bushels per day and marking the fastest pace since March, NOPA data showed.

Processing Rebounds After Maintenance

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The strong performance follows a period of temporary plant shutdowns for seasonal maintenance and repairs that began in April, according to market analysts. The slowdown came after several months of processors running at or near record rates.

Analysts attributed the sharp rebound to strong crush margins—the profit from processing soybeans into soymeal and soyoil—and solid demand for these end products, which incentivized facilities to maximize their operational output. NOPA also noted that the June total included production from a new plant at a member's existing facility in Gilman, Illinois.

Market Implications

A higher-than-forecast crush volume is a key indicator of robust domestic demand for soybeans. The data suggests that consumption of soymeal for animal feed and soyoil for food and renewable fuels remains strong, which can be a supportive factor for soybean futures prices. Investors closely monitor the monthly NOPA report as a primary gauge of the health of the U.S. agricultural processing sector.