Grain and Feed Bulletin

Grain and Feed Bulletin

**Please Note**Bob Lane will be out of the office until Monday, July 26th. In his absence, please contact Ryan Standard**

Weakness in the energy sector is partly behind the lower soybean oil and soybean prices today. Soybeans were down 23.25 cents per bushel or 1.6 percent from Friday’s close. A deal between the OPEC+ nations to increase oil output combined with an increase in COVID cases pushed the energy markets lower, which spilled into the broader commodity markets. The market is watching weather reports as August approaches. August weather is a big determinant in yields…

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