Skip to main content

03/30/2026 Click Above to Watch the Morning Market Talk Video Soyoil Supported by RVOs, Crude Oil On the Grains Soy oil futures rallied sharply overnight, rebounding from Friday’s sell-the-fact reaction to EPA’s biofuels news. The soyoil strength overnight supported soybeans while soymeal weakened. Grains traded on both sides of unchanged, with corn and SRW wheat trading higher for much of the overnight session, while HRW wheat weakened. Grain and soy traders have a split focus as they factor in EPA’s renewable fuels rule from Friday, prepare for USDA’s key reports on Tuesday and keep a pulse on the geopolitical situation.Crude oil prices firmed overnight, with Brent topping $116 overnight, while WTI pushed above $100 amid an escalation in the Middle East. More U.S. troops arrived in the Middle East as President Trump considered a ground operation to extract Iran’s uranium, the Wall Street Journal reported. The report came after Iran-backed Houthi rebels in Yemen fired on Israel, adding risk to shipping through the Bab al-Mandeb strait — a key alternative to the Strait of Hormuz for Gulf oil exports. Traders are factoring in the deepening Middle East conflict removes any realistic chance of near‑term de-escalation. Highlights of EPA’s Finalized RFS Set 2…

This content is for members only.
Register
Already a member? Log in here

Futures trading involves risk. The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance is not indicative of future results.

Trading advice is based on information taken from trades and statistical services and other sources that CommStock Investments believes to be reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice.

There is no guarantee that the advice we give will result in profitable trades.

The views and opinions expressed in this newsletter are those of the author and do not reflect those of R.J. O'Brien & Associates LLC. This report may contain political opinions as well as market opinions and commentary. Any content provided by Commstock Investments or authors are of their opinion and are not intended to malign any religion, ethnic group, club, organization, company, individual or anyone or anything.