THE OPEN November beans: 7 higher December meal: .40 higher December soyoil: 58 higher December corn: 3 higher December wheat: 14 higher The markets opened as expected with key features being that of higher follow-through in wheat, as the tour continues through North Dakota with more negative comments concerning crops. Nothing new, but the reinforcement of loss remains constructive for price action. Oilshare rallies again with traders buying soyoil/selling meal. Rumors for meal, corn and bean business continue, but no announcements this AM. SOY
The key feature of trade in the soy complex was that of higher oilshare, with Sep. trading to 47.84%, and Sep crush t...
Proposition 12: The National Pork Producers Council (NPPC) has advocated for a fix to Proposition 12, the California animal welfare law, in the Senate farm bill. The House version of the farm bill included a fix, but the Senate bill, based on the discussion draft released by Chairman John Boozm...
Key Takeaways: Indonesia will raise its biodiesel mandate from B40 to B50 on 1 July, increasing palm oil–based diesel blending to 50 percent. The policy supports domestic palm oil demand and reduces reliance on imported diesel. Indonesia’s biodiesel program has steadily expanded si...
Corn Argentina Argentina's corn harvest continued to advance at a moderate-to-slow pace, constrained by high moisture levels in both the grain and the fields. Harvest delays remain concentrated in the remaining early-planted corn in central and southern Buenos Aires. To date, harvesting has rea...
