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June 13, 2025

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The proposed biomass-based biodiesel mandates fueled a surge in soyoil futures.

Bean oil is leading strength this morning, pulling soybeans higher

Corn, soybeans and wheat each traded higher early in the overnight session, supported by strength in the overall commodity marketplace as Israel launched a widespread attack against Iran.

Israel strikes Iran, triggering oil supply concerns and surge in crude oil futures.

Cash grain prices remain mostly well under last year’s levels.

Markets remain focused on trade and policy events.

USDA made minor adjustments to their crop balance sheets today.

Corn eked out a modest gain today.