Opinion

Grain markets got an American Thanksgiving boost as an unexpected update from the U.S. Environmental Protection Agency (EPA) surprised the oilseed complex, with soyoil leading, up 7.4% for the week. Soybeans weren’t far behind as they continue their run, up 5.1%, while canola held on a bit to climb 2.6%. Corn was supported by the EPA announcement, up 1.3% for the week, while wheat and oats pulled back from last week, down 1.6% and 9% respectively. Compared to a year ago, this week summed up the trend nicely in that oilseeds continue to improve a bit while cereals have languished. On…

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