THE OPEN November beans: 24 lower December meal: 4.20 lower December soyoil: 110 pts lower December corn: 3 1/2 lower December wheat: 6 3/4 lower The markets opened lower but better bean ratings vs. a small decline in corn took front and center stage. The Census crush number for soyoil was also a negative yesterday, which impacted trade. Selling pressure intensified for the soy complex sending beans and soyoil down to recent trading range lows, while grains were weaker, but mainly due to consistent selling pressure throughout the day. SOY
The soy complex started the day with losses but fund liquidation was noted in beans as better ratings and the lack of recent export activity result...
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...
