The Hightower Report said, “A higher start to the day across the soy complex this morning following the bean market’s inability to break lately, despite the rapid planting pace and improved soil moisture conditions, along with weak action in the U.S. dollar overnight. Bean oil prices are also stronger on higher crude oil and hopes that biofuel credits will be part of the Trump administration’s spending bill.” Matt Mattke at Total Farm Marketing said, “EU oilseed imports are up 11%, soymeal imports up 13%, and vegetable oil imports down 24%. Volatility in soybean oil continues amid uncertainty around a 45% tax incentive.” The Hightower Report said, “Dr. Cordonnier left his Brazil and Argentina bean estimates unchanged but warned that recent flooding in Buenos Aires province may have damaged stored beans in silo bags.”