CHICAGO, Nov 13 (Reuters) - The National Oilseed Processors Association's monthly soybean crush data scheduled for release on Wednesday should show the U.S. crush for October at 147.713 million bushels, analysts projected on Tuesday.
If realized, the figure would mark the industry group's biggest October crush since 2010 and the highest monthly total reported by NOPA since November 2010.
Trade estimates ranged from 138.0 million to 153.0 million bushels. NOPA reported the September crush at 119.732 million bushels.
The soy crush typically rises from September to October as the U.S. soybean harvest progresses, replenishing supplies. Strong cash crush margins this autumn al so ha ve encouraged soy processors to step up crushing operations, analysts said.
NOPA reported the soy crush in October 2011 at 141.179 million bushels. I ts October 2010 crush figure was 1 51. 8 64 m illion bushels.
The consensus estimate for NOPA's October 2012 U.S. soyoil stocks figure was 2.090 billion lbs, up from NOPA's September figure of 2.043 billion lbs. Analysts' estimates ranged from 1.975 billion to 2.215 billion.
NOPA reported October 2011 soyoil stocks at 1.876 billion lbs.
