THE OPEN November beans: 4 3/4 higher December meal: .10 higher December soyoil: 68 higher December corn: 2 1/4 higher December wheat: 10 higher The market opened as expected but profit-taking in grains sent futures into two-sided trade, while oilshare saw profit-taking as well. Weaker macro markets weighed on soyoil as worries over the economy continue. SOY The soy complex feature of the day was that of profit-taking in oilshare, with beans and meal supported. Oilshare gets hit as energies are in decline over worries about demand given the new cases of the Delta variant moving through, and possible new lockdowns. Sep crush trades to 1.26c/bu while oilshare trades to 46.94%. &nbs...
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...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.