What You Need to Know Today:

Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately 1.9 MMT, providing encouraging support for U.S. export demand even as soybean futures remain under pressure. India is shifting its ethanol feedstock requirements, excluding sugarcane juice, sugar syrup, and B-heavy molasses from ethanol procurement for the 2026/27 supply year. Indian oil companies are seeking approximately 11 billion liters of ethanol from alternative feedstocks, including corn and rice. The policy shift could strengthen domestic dema...