Overall economic data released earlier on Friday presented a mixed picture, and that was followed by a long-expected court ruling on Trump tariffs. This week had lots of geopolitical uncertainties, from a U.S. military buildup in the Middle East to peace talks between Russia and Ukraine going sour. There were fundamentals like a record January soybean crush and a prospective EPA announcement on biofuel blending helping to push soyoil to a new contract high. The USDA also provided its initial outlook for 2026/27 crops, which predicts more soybeans and less corn. But that will likely change somewhat with the March planting intentions survey and then change again with the June acreage report. For this week, both equities and agricultural...
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What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...