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“Bean oil has been under pressure since the EPA Tuesday announced they would reallocate 100% of the 1.76 bil. RINs from 2025 SREs. What’s not know is if they will be divided equally between 2026 and 2027, or all in 2027. The USDA announced a flash sale of 470k tons (17 mil. bu.) of soybeans to China, their first large purchase since the Xi/Trump meeting in Washington three weeks ago. I suspect their purchases are now between 15.5 and 16 mmt.,” Soderberg said.
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The Hightower Report said, “Beans had a roller-coaster ride today, dropping nearly $0.20 after the mildly bearish USDA report but staged a sig…
"Beans finished slightly lower, pulling back from the early morning highs as nothing concrete came out of the China/U.S. talks today. There wa…
“Soybean futures are trading lower this morning with pressure from soybean meal, and the November contract has been overbought for nearly a mo…
The Hightower Report said, “The bean market bounced back from post report weakness Friday late in the session but was unable to follow through…
The Hightower Report said, “Beans finished with modest losses but ended the week with its lowest close in over a month. No flash sales this mo…
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