4/25/2025 8:00 am

May CBOT grain options expire at the close today. FND for May futures is next Wednesday April 30th.

Members of the Advanced Biofuels Association met with EPA on Wednesday to advocate for higher RVOs for 2026 to help absorb the excess capacity.

Argentina soybean harvest continues to run behind avg at just 13% complete vs 23% last year and 36% normally (5 yr avg) due to recent wet weather. Argentina corn harvest on pace though at 28% complete vs 27% avg. Drier weather in the Argentine areas next week will be welcomed.

In the Midwest, rains moving through the WCB overnight into the ECB will slow fieldwork a few days. Drier pattern to be seen in the WCB toward the 10 day period but Ohio River valley remains on the wet pattern. US corn planting should be over 25% complete on Monday.

 3/11/2025