THE OPEN Nov beans: 2 higher Dec meal: 2.50 higher Dec soyoil: 60 lower Dec corn: 1/2 lower Dec wheat: 10 lower The markets opened as expected with profit-taking in wheat and wheat/corn spreads. Oilshare continued to leak lower as charts leaned friendly for meal and sideways for soyoil. Buy bean/sell corn and buy meal/sell soyoil trade continued throughout the session. Outside markets were weaker with stocks down sharply on geopolitical tensions over current events in Afghanistan. Prices turned lower from higher as bulls took profits into midday. SOY
The main feature in the soy complex was that of profit-taking in oilshare. Sep crush trades steady at 1.04c while oil...
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...
