Overview

• Chicago Board of Trade soybean futures climbed for a third consecutive session to close the week up nearly 3%.
• Soybean oil futures marked record highs for the second straight day driven by expectations of a biodiesel demand rebound.
• Available soybeans in Argentina’s Rosario market traded at 340,000 pesos per ton amid limited active buyers and delivery contract dynamics.
• Corn futures rose 1.6% to $160.82 per ton and wheat futures gained 2.3% to $200.71 per ton on supportive weather outlooks.
• Analysts say evolving U.S. renewable fuel mandates and delivery contract structures in Rosario are shaping how global price gains transmit to Argentina’s domestic market