THE OPEN Nov beans: 6 lower Dec meal: .40 higher Dec soyoil: 90 lower Dec corn: 6 lower Dec wheat: 5 lower The markets opened as called but selling emerged quickly taking prices into sell-stops. Oilshare once again found selling pressure, with soyoil futures trading back towards recent lows. Wheat futures ran sell-stops below $7.22, but quickly found support as prices neared the $7.00 benchmark in Chicago. Buy wheat/sell corn spread trade was evident. SOY
The soy complex opened as called but funds quickly turned sellers on liquidation of September contracts, rains around the Midwest which could encourage pod development, and the disruption of loadings in New Orleans where...
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...
