THE OPEN Nov beans: 2 higher Dec meal: .90 lower Dec soyoil: 50 higher Dec corn: 1 higher Dec wheat: 2 lower The markets opened as expected but it was downhill again from there as the soy complex turned red and corn made new lows. Funds continue to liquidate out of length before the report and as harvest resumes. Buy corn/sell wheat and flip-flopping in oilshare were dominant features of trade. Into the midday hour, prices turned higher from lower signaling the kick-off to a possible congestion phase into report time. SOY
The soy complex opened higher but turned two-sided as soyoil broke lower on the day from a sharply higher overnight trade. Soyoil prices whip-sawed arou...
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...