THE OPEN Nov beans: 3 lower Dec meal: 2.50 lower Dec soyoil: 45 lower Dec corn: 1 higher Dec wheat: 1 higher The market opened as expected but soy complex prices eventually trended lower. Grains were firmer as wheat futures continue to remain firm. Corn was a follower while weaker soyoil futures continued to impact trade. SOY
The soy complex opened steady with another sale announcement of 131,000 mt of beans for 20/21 to China, and more rumors floating that they continue to inquire. Sep oilshare trades to 46.41%. Oilshare was hit as soyoil futures traded lower on the back of weaker palm and canola prices. Canada may receive potential rainfall, which pressured canola. The...
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...
