Key Takeaways:
The European Parliament rejected a proposal to classify soyoil as a high ILUC-risk feedstock, preventing a potential phaseout from EU biofuel markets by 2030. Palm oil remains the only major vegetable oil designated as high ILUC-risk in the EU due to concerns over expansion into carbon-rich ecosystems. Unlike palm oil, soybean production is driven by demand for soymeal, with soyoil representing a valuable coproduct rather than the primary factor influencing acreage expansion. Soyoil avoided a regulatory barrier in the EU, but its future growth as a biofuel feedstock will depend more on competitiveness, sustainability certification, and supply-chain traceability than on policy eligibility alone. Any future increase in EU soyo...
Weather remains the dominant driver of grain markets this time of year, but this week's trade has been a reminder that futures markets are constantly looking ahead. Corn and soybean prices don't simply react to today's weather — they respond to where traders believe production risks will...
As we wrote in last week’s Livestock Round Up, the Administration has announced the Strengthening Processing for U.S. Ranchers (SPUR) program that will provide up to $500 million in payments for small- and medium-sized processors to buy cattle. The Big 4 packers are ineligible, which has...