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US soyoil futures hit a 20-month high after the EPA proposed larger biofuel blending targets and measures to discourage imports. Corn fell on favorable crop weather and wheat declined on harvest pressure, while soybeans touched a one-month high before paring gains.
Stronger biofuel demand supports soyoil and soybean values, while improved US crop weather weighs on corn and wheat prices.
tradingview.comJun 16, 2025After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
After 356 past bullish policy events, Soybeans moved a median +0.1% over 5 sessions (53% higher; middle half -1.2% to +2.3%), and -0.9% over 20.
After 310 past bearish policy events, Corn moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.6% over 20.
After 122 past bearish policy events, Wheat (SRW) moved a median -0.3% over 5 sessions (44% higher; middle half -1.9% to +1.2%), and +0.4% over 20.
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.
Soyoil reached a 20-month high after EPA proposed larger targets and import-discouraging measures, extending the rally.
Confirms soyoil continued to a 20-month high on the EPA proposal, but it is a later follow-through.
