Record U.S. soybean crushing in December as new mills become operational, with the National Oilseed Processors Association (NOPA) reporting a 6.9% increase from November and a 5.8% increase from the previous year. The monthly record of 206.604 million bushels crushed surpassed the average estimate and the previous record. Soybean processing capacity has increased due to new and expanded plants, with NOPA members projected to crush 2.215 billion bushels in 2024, marking a 4.4% increase from the previous year. Soybean oil stockpiles among NOPA members also reached a high on December 31.