THE OPEN November beans: 10 higher December meal: steady December soyoil: 60 higher December corn: 2 higher December wheat: 2 lower Prices opened as expected but rallies did not get too far as some position-evening was noted on the rally. Moderate buying activity was noted early on the back of continuing chatter about production declines for Russia. Most traders are in the mindset that USDA will trim yields for corn, while bean yields may be left unattended. SOY
The major feature in the soy complex was that of higher oilshare once again. Buy soyoil/sell meal put oilshare values in Sep up to 46.78%. Sep. crush values traded at 1.16c. Soyoil gained on meal all day as prices...
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...
