The market awaits "Liberation Day" announcements at 4 PM ET today.

This morning’s grain trade is mostly lower, except for soybean oil and KC wheat, as markets await trade tariff announcements and biofuel policy developments, while cattle futures rise.

This morning’s grain trade is lower, with the exception of soybean oil and KC wheat, which are still holding a small gain. The coalition agreement between oil companies and biofuel providers to raise the Renewable Volume Obligation (RVO) for 2026-2028 green diesel fuel appears promising. The grain trade is softening after a three-day bounceyesterday for…