THE OPEN November beans: 7 1/2 higher December meal: 1.40 higher December soyoil: 70 higher December corn: 2 higher December wheat: 9 3/4 higher The markets opened as called with prices trading both sides of even for meal and corn. However, wheat prices remained firm, which put a floor under prices elsewhere on the board. SOY
The soy complex opened on a positive note with prices in ranges but well bid. The markets remain in technical trade with November beans trading into resistance at $13.40 trendline before finding resistance. August beans trades firm with values over the $14.00 level. The nearby inverse continues to see strength, with August / Nov beans trading up to 7...
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...
