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The Hightower Report said, “Israel’s strike on Iran’s nuclear facilities overnight has rallied crude oil sharply which is supporting bean oil this morning, resulting in a slightly higher start for the bean market, although prices have not broken out of the recent sideways pattern.” Austin Schroeder at Barchart.com said, “WASDE data from Thursday showed no changes to the US balance sheets for both old and new crop supply and demand data. Old crop stocks were left at 350 mbu, with new crop at 298 mbu. For the world numbers, old crop was raised by 1.02 MMT to 124.2 MMT, with the 2025/26 outlook up 0.97 MMT to 125.3 MMT.” Ryan Kelbrants at CHS Hedging said, “The EPA is expected to propose new biofuel blending requirements later today.”





