THE OPEN Nov beans: 6 higher Dec meal: .10 lower Dec soyoil: 50 higher Dec corn: 6 higher Dec wheat: 3 higher Prices opened as called but cancellations of beans surprised the market with an initial sell-off. Corn prices in particular led the way higher, with oilshare firmer as well. Highs in energies lent support to soyoil which in turn supported beans. The weaker US dollar on the back of buy energies/sell currency supported ags in general. All weakness was purchased today as charts and technicals begin to turn more bullish. SOY
The soy complex traded higher led by soyoil futures which remained on a firmer path in affiliation with strong crude which traded up to new highs...
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...
