Ideas the EPA may propose lower standards for biofuel policies sent futures limit down. 
 

Hard and soft red winter wheat forecasts above expectations.

Large South American crops still a threat to US exports.

Still, scouts estimate 50.5 bus an acre, highest since 2021.

Tour estimate will compare with USDA’s 345 million bus.

Sugar deliveries for 2024-25 lowered 90,000 tons.

But producers pleased with turnaround after drought woes.

Imports, exports have slumped since end of March.

Precipitation a lifeline in parts of Kansas; top end of Oklahoma crop trimmed.

This niche corner of the edible oil market has experienced wild moves lately.