Soy futures spot soy futures gained momentum after

Spot soy futures gained momentum after drought conditions intensified in key Argentine production zones. Traders expect lower South American output in the coming months. I used to dread opening my daughter's lunch bag at the end of the day. She was a good eater, so it wasn't that it would come back untouched. The problem was the sauces that (too frequently) escaped their containers, coating everything in a greasy film. Some traders reacted to a Reuters report that the Trump administration is expected to issue a rule as early as next week to seek public comment on whether large refiners should make up for the exempted gallons, said Vinicius Ito, a director at futures and options brokerage Marex Group Plc. Want more news? Listen to today's daily briefing below or go here for more info: The soy futures market is showing signs of short-covering as net speculative positions shift towards bullish territory. Traders are monitoring WASDE updates closely, with yield reductions likely impacting Q3 pricing.