Consus Ag Consulting AM Market Briefing

Monday, June 16th, 2025

The mixed trend of the market has carried over into this week’s start with grains in the red and soybeans higher. Soybeans continue to take strength from soy oil following last Friday’s announcement that the proposed biodiesel blend rate would increase to 5.6 billion gallons, more than trade was expecting. That gave us limit higher closes to soy oil last Friday, and sharp gains in soybeans as well. While soybean gains are limited to start the week, soy oil is again sharply higher. Thoughts we will see a record crush total for May in the NOPA report later today are also supporting the soy complex. Soybean values are softer in Brazil to limit gains. Grains are under pressure this morning from the lack of a significant weather threat for the global market. There are pockets of concern, but these are not wide spread enough to cause major production losses, yet. Some US forecasts are indicating a build in heat for the US crop, and while needed, may cause stress in regions where rain has been limited. The lack of a major change in US ethanol demand for future blending is also pressuring the corn complex.

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3 things to watch