“Prices were mostly higher with beans up $.05-$.07, meal surged $7-$11 while oil slipped 15-20 points. May-26 meal surged to its highest level since early Dec-25 with strength being attributed to a potential Brazilian port workers strike while Argentina has been less than aggressive in offering new crop supplies for export. Also rumors that the Trump administration may not announce final RVO and SRE policies at next Friday’s agricultural event at the White House triggered some buy meal, sell oil spreading. China reportedly rejected another Brazilian cargo yesterday due to pests. Spot board crush margins surged another $.15 ½ bu. to a fresh 3 ½ year high at $2.82 ½ with bean oil PV slipping to 49.6%. With U.S. crush rates at record highs, look for another 10-20 mil. bu. increase to the current USDA crush forecast of 2.575 bil. bu.  Export sales at 11 mil. were below expectations,” reported Mark Soderberg with ADM Investor Services.