Recent Biofuels Analysis
Market Commentary: Friday’s Ends a Tough Week Except for Soyoil and Dollar
There was a glimmer of hope for bulls on Friday, but it was just a glimmer. Soybeans, meal and HRW closed higher, but the rest of the players fell off the merry-go-round. There was generally lower volume but the trend is clear – there is an over abundance of grain on world markets and U.S...
Market Commentary: Unmoved and Uncertain
It was the third straight day of flash soybean sales to China. The IGC tightened global soybean balances. The morning’s USDA’s export sales report showed corn and wheat ahead of last year. The September employment report showed substantially larger gains than expected. Stocks opened...
Market Commentary: Soybean Sales to China Fail to Impress CBOT
The CBOT was almost uniformly lower on Wednesday with traders booking any long profits and likely adding some short spec positions as momentum wanes from the markets. The down day was a little surprising after USDA reported another 12.1 Mbu of soybeans sold to China for 2025/26, but that news h...
Market Commentary: Pre-Weekend Bounce on a Mixed Week
Outside markets continued their downbeat on Friday but ag futures had a few recoveries from yesterday’s trouncing. Corn closed lower for the day and the week. The soy complex closed optimistically for the day but had a mixed week. Winter wheat closed lower on the day and the...
Market Commentary: Grains Consolidate while Soymeal Runs Higher and Cattle Firm
The lingering effects of trade agreements and now-confirmed export rumors were the primary drivers of the CBOT’s action on Wednesday. Tuesday’s rumors of China buying some U.S. soybeans ahead of the trade talks with the U.S. on Thursday were confirmed by Reuters and Bloomberg. The m...
Market Commentary: Playing Chess and Chicken; Trump Post Triggers Cattle Crash
U.S.-China relations continue to dominate headlines with a midday report from Reuters indicating that the Trump administration is looking to curb an array of software powered exports to China. The products could include items from laptops to jet engines, and the administration is considering ma...
Market Commentary: Mixed But Fruitful Day of Adjustments
Agricultural futures might be called mixed on the day, though that is upbeat by itself. There was a continuation of the bear wheat/bull beef story with a new contract low printed in HRS, and a new contract high in cattle. The corn market continued its rebound story on potential yield declines c...
Market Commentary: Tweet Yields Another Rally and Perhaps a Floor
After yesterday’s charge forward in soybeans and a lower close in the overnight, optimists on a trade deal with China again took over and brought another higher close that this time infected both the corn and wheat markets. As stated in Matt’s adjacent analysis, this seems overwroug...
Market Commentary: Argentine Tax Holiday Ends, Trump Promises More Aid
With the damage from Argentina’s export tax suspension over, markets recovered from yesterday’s losses. Like putting a band aid on a fresh wound, the patient is at least comforted. The quick end to Argentina’s export tax holiday means that it successfully supplanted a lot of U...
Market Commentary: Looking for Demand Amidst Ample Supplies
Grain and oilseed trading was mostly in the red today, with livestock markets trading higher. Volume was higher today in soymeal, but otherwise it was modest and even relatively low in corn. Markets tend to drift when lacking any major new directional inputs. USDA’s weekly Export Sa...
How the EPA’s Anti-Decision Will Affect Biofuels and Soyoil
In mythology or legends, the hero is obviously identified – the “good guy” standing up for justice, not compromising what is right, and displays courage or other noble and admired qualities. Standing in contrast – but not quite opposite – to the hero is the anti-he...
Biodiesel and Renewable Diesel Supply Down on First Half of Year
U.S. imports of biodiesel and renewable diesel significantly decreased in the first half of 2025 compared with the same period in previous years. This decline is primarily due to the loss of tax credits for imported biofuels. Additionally, domestic consumption is also down. In Janua...
Market Commentary: Friday’s Ends a Tough Week Except for Soyoil and Dollar
There was a glimmer of hope for bulls on Friday, but it was just a glimmer. Soybeans, meal and HRW closed higher, but the rest of the players fell off the merry-go-round. There was generally lower volume but the trend is clear – there is an over abundance of grain on world markets and U.S...
Market Commentary: Unmoved and Uncertain
It was the third straight day of flash soybean sales to China. The IGC tightened global soybean balances. The morning’s USDA’s export sales report showed corn and wheat ahead of last year. The September employment report showed substantially larger gains than expected. Stocks opened...
Market Commentary: Soybean Sales to China Fail to Impress CBOT
The CBOT was almost uniformly lower on Wednesday with traders booking any long profits and likely adding some short spec positions as momentum wanes from the markets. The down day was a little surprising after USDA reported another 12.1 Mbu of soybeans sold to China for 2025/26, but that news h...
Market Commentary: Pre-Weekend Bounce on a Mixed Week
Outside markets continued their downbeat on Friday but ag futures had a few recoveries from yesterday’s trouncing. Corn closed lower for the day and the week. The soy complex closed optimistically for the day but had a mixed week. Winter wheat closed lower on the day and the...
Market Commentary: Grains Consolidate while Soymeal Runs Higher and Cattle Firm
The lingering effects of trade agreements and now-confirmed export rumors were the primary drivers of the CBOT’s action on Wednesday. Tuesday’s rumors of China buying some U.S. soybeans ahead of the trade talks with the U.S. on Thursday were confirmed by Reuters and Bloomberg. The m...
Market Commentary: Playing Chess and Chicken; Trump Post Triggers Cattle Crash
U.S.-China relations continue to dominate headlines with a midday report from Reuters indicating that the Trump administration is looking to curb an array of software powered exports to China. The products could include items from laptops to jet engines, and the administration is considering ma...
Market Commentary: Mixed But Fruitful Day of Adjustments
Agricultural futures might be called mixed on the day, though that is upbeat by itself. There was a continuation of the bear wheat/bull beef story with a new contract low printed in HRS, and a new contract high in cattle. The corn market continued its rebound story on potential yield declines c...
Market Commentary: Tweet Yields Another Rally and Perhaps a Floor
After yesterday’s charge forward in soybeans and a lower close in the overnight, optimists on a trade deal with China again took over and brought another higher close that this time infected both the corn and wheat markets. As stated in Matt’s adjacent analysis, this seems overwroug...
Market Commentary: Argentine Tax Holiday Ends, Trump Promises More Aid
With the damage from Argentina’s export tax suspension over, markets recovered from yesterday’s losses. Like putting a band aid on a fresh wound, the patient is at least comforted. The quick end to Argentina’s export tax holiday means that it successfully supplanted a lot of U...
Market Commentary: Looking for Demand Amidst Ample Supplies
Grain and oilseed trading was mostly in the red today, with livestock markets trading higher. Volume was higher today in soymeal, but otherwise it was modest and even relatively low in corn. Markets tend to drift when lacking any major new directional inputs. USDA’s weekly Export Sa...
How the EPA’s Anti-Decision Will Affect Biofuels and Soyoil
In mythology or legends, the hero is obviously identified – the “good guy” standing up for justice, not compromising what is right, and displays courage or other noble and admired qualities. Standing in contrast – but not quite opposite – to the hero is the anti-he...
Biodiesel and Renewable Diesel Supply Down on First Half of Year
U.S. imports of biodiesel and renewable diesel significantly decreased in the first half of 2025 compared with the same period in previous years. This decline is primarily due to the loss of tax credits for imported biofuels. Additionally, domestic consumption is also down. In Janua...