5/15/2025 8:00 am

Corn and wheat spent the bulk of the overnight trading mildly higher.  Remember the managed money is short huge amounts of wheat and meal.  They are also thought to have flipped short corn in recent days.

Grains got additional support from weekly export sales, which were bigger than expected. 

Soybean oil was lower on the open overnight and spent the last several hours prior to the morning break trading limit lower on less-bullish biodiesel-mandate chatter.

 5/12/2025