Grain futures are broadly mixed. Beans are at the high of the day, with soybean oil surging alongside Malaysian palm oil overnight. Additionally, the likelihood of more tariffs on China means no used cooking oil imports from that country for our biofuel industry, giving bean oil a boost. May bean oil is up well over a penny and a half per pound at 44.30…
Heartland Ag Edge
Soybean Oil Surges, Corn and Wheat Dip Amid Trade Uncertainty
Soybean Oil Surges, Corn and Wheat Dip Amid Trade Uncertainty
Today's market sees soybean oil surge on tariffs, while soybeans hold strong. Corn and wheat dip amid uncertain trade impacts, cattle rise on strong cash bids.
Heartland Ag Edge
The Morning Ag Edge delivers expert insights on grains and cattle markets, helping farmers and ag speculators stay ahead. Get timely updates, actionable trends, and the tools you need to thrive in today’s fast-paced agricultural landscape.
The Morning Ag Edge delivers expert insights on grains and cattle markets, helping farmers and ag speculators stay ahead. Get timely updates, actionable trends, and the tools you need to thrive in today’s fast-paced agricultural landscape.Authors
Ruvem Marchook
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