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Barchart
Barchart
Austin Schroeder

FORGOTTEN HISTORY: Soybeans following bean oil higher - Caught on Camera

Soybeans are trading with 6 to 8 cent gains at Tuesday’s midday. The cmdtyView national average Cash Bean price is 6 3/4 cents lower at $10.03 1/2. Soymeal futures are $2.30 lower, with Soy Oil futures up 125 points.

The Treasury issued guidance on the 45Z tax credit this morning, adding some premium to bean oil and lessening some uncertainty. 

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