Friday’s selloff at the CBOT found aggressive end-user and commercial pricing activity on Monday. Markets traded lower overnight but triggered notable buying action as prices hit key support levels. The subsequent rally in the day session left the market with the feeling that near-term lows have been made. Now, the markets are looking to establish trading ranges while awaiting the South American harvests and closely watching U.S. export demand. The weekly Export Inspections report was once again bullish soybeans and neutral corn and wheat. Soybean inspections fell from the prior week but were above the 1.5 MMT expected by analysts. More importantly, soybean inspections continue to exceed their weekly needed pace and total 75 pe...
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.
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...