Soybean futures held the gains for much of the Friday session, as contracts closed up 2 to 3 ½ cents across the front months. September was 14 ¼ cents higher this week, with November up 16 cents. The cmdtyView national average Cash Bean price was up 2 ¼ cents at $9.88. Soymeal futures were down a dime to $3.40 on Friday, with September up 13 ¾ cents this week. Soy Oil futures were up 120 to 146 points on the day, as September was 166 points higher since last Friday.
The EPA granted full Small Refinery Exemptions to 63 of the 175 petitions from the 2016-2024 backlog this morning, with another 77 partial exemptions granted. There were 28 petitions denied and 7 listed as ineligible.
