Soybean futures reached their highest level in nearly three years on Sept. 1, with November settling above $13 per bushel.
The rally followed EPA's small refinery exemption decision and the planned reallocation of exempted volumes into 2026-2027 obligations.
Expected biofuel demand growth alongside tight grain stocks and high fertilizer costs points to firmer corn and soybean prices into 2027, with soybean oil leading the complex.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.