🌱 Soybeans – Leading the Strength
Soybeans higher on:
🔹 Strong soybean oil rally
🔹 Potential EPA biodiesel announcements
🔹 Possible comments from President Trump regarding biodiesel or China sales
Rumors circulating that China may be checking bids in the PNW
Bears say it’s not happening
If flash sales show up soon → rumor likely true
May Beans: +5¾¢ at $11.55½
July Beans: +5¢ at $11.68½
November Beans: +5½¢ at $11.22¾
Slowly pulling February revenue insurance average higher
🛢 Soybean Products
May Soybean Oil: +72 points at 60.60
May Soybean Meal: +$2.00 at $314.50
🌽 Corn – Correcting After Big Rally
Pulling back after yesterday’s sharp gains
February farmer selling pressure:
Property taxes
