After presidential tariff notices, a bearish USDA outlook report, improved South American weather, and a softening economy, the only major agricultural futures contract to end the week on gains were nearby meal and feeder cattle. The feeder cattle contract contrasts with live cattle, which has closed lower for five straight weeks. Meanwhile, soymeal has closed lower for three straight weeks, though the hemorrhaging has shallowed out. USDA’s anticipation of 94 million acres of corn this spring was oppressive and caused rare back-to-back weekly losses.
The market is positioning for 25 percent tariffs next week imposed on Canada and Mexico, plus an additional 10 percent tariff on China. The retaliation will hurt U.S. ag comm...
What You Need to Know Today: Record biofuel demand continues to support soyoil values, as EIA data show that May soyoil usage as a biofuel feedstock reached a record 1.434 billion pounds. The latest data reinforces the strength of renewable fuel demand and helps explain ongoing investment in a...
A bipartisan group of 26 lawmakers, led by Representative David Valadao (R-CA), sent a letter to House Speaker Mike Johnson (R-Louisiana) and House Agriculture Committee Chair GT Thompson (R-Pennsylvania) requesting that $5 billion of the temporary economic assistance for farmers go toward spec...
Key Takeaways: Soyoil consumption as a biofuel feedstock climbed to a record 1.434 billion pounds in May, setting a new all-time monthly high. Improved 45Z policy clarity in February 2026 has supported stronger soyoil demand from the biofuel sector by providing producers with greater certainty...