The markets have responded in recent weeks to the rollout of President Trump’s trade policy. Analysts are closely watching the action in recent days but warn that the events of the last couple of weeks likely have not been accounted for yet.
“I don’t think they’ve priced it fully in, and I will circle back around to the soy complex. We’ve had a very weak product market. The biofuel, sustainable aviation fuel bulls in soybean oil have been very disappointed. They have probably been pushed out of the market. There’s probably a sense that they’re going to come back in,” said Mike Zuzolo.
Zuzolo says any future action in the soy complex will largely depend on what the EPA decides with blending in the coming months.
Related Stories
Traders are watching for additional purchases despite continued weakness in Chinese demand.
Council leaders see new opportunities to create international demand for U.S. agriculture.
The latest Ag Economy Barometer for August shows a stronger financial outlook for producers, despite ongoing concerns about input costs.
The first grain vessel in six years is a key step for Churchill, but its long-term success depends on continued investment to integrate it into Canada’s agricultural export network.
The 15th Annual Women in Agribusiness Summit will take place later this month in New Orleans, bringing together women from across the agricultural industry to discuss markets, policy, technology, trade and the future of agriculture.
Industry leaders say protecting USMCA and access to the Canadian market remains a priority.
