THE OPEN November beans: 24 lower December meal: 4.20 lower December soyoil: 110 pts lower December corn: 3 1/2 lower December wheat: 6 3/4 lower The markets opened lower but better bean ratings vs. a small decline in corn took front and center stage. The Census crush number for soyoil was also a negative yesterday, which impacted trade. Selling pressure intensified for the soy complex sending beans and soyoil down to recent trading range lows, while grains were weaker, but mainly due to consistent selling pressure throughout the day. SOY
The soy complex started the day with losses but fund liquidation was noted in beans as better ratings and the lack of recent export activity result...
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...
