Soy Crush margin on screen drops 25% in first half of year

Crush margin remains quite healthy on screen at 1.50 or $55/mt by historical standards insuring continuing supplies from crushers. Larger oilseeds crops in Europe for both Rapeseed and soybeans do not bode well for next few weeks. Soil moisture in US remains adequate despite summer heat. FOB premiums in Brazil Paranagua dropped again with best bids at -1550 announcing further weakness ahead.