GOOD MORNING, Prices are mixed, with the major feature that of higher soyoil which in turn is supporting the bean market. Corn follows stronger beans. The soyoil futures market is piggy-backing off of sharply higher palm oil prices. Beans are gaining upside traction from chart based positive technical activity and higher soyoil. The oilshare trade is resurrected. Buy wheat/sell corn appears to be also having an adjustment. Buy beans/sell corn also is a fan-favorite, as China appears to be more active in the market and making inquiries. Each market is responding to its own fundamentals. For beans, it is China business, perhaps for the PNW. China has imported 83 mmt of beans...
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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...