4:35 PM ยท 25 June 2021

๐Ÿ“‰ Corn and soybean drop on US court ruling

Corn and soybean trade under pressure today following the ruling of the US Supreme Court. The Supreme Court ruled that the Environmental Protection Agency has power to exempt a number of refiners from federal biofuel quotas. Ruling is favourable for small US refineries as they may not be forced to mix renewable fuels into gasoline and diesel. It also hints at potentially lower demand for soy oil used in biomass diesel as well as on lower demand for corn used in ethanol production in the United States. CORN trades over 2% lower today while SOYBEAN drops over 7%. However, it should be noted that futures contract rollover contributed to an outsized drop on SOYBEAN.

CORN drops over 2% today and tests a support zone ranging around 530 handle, that acted as a lower limit of the trading range in Q1 2021. Source: xStation5

9 July 2026, 6:52 PM

Daily Wrap: Technology Leads Wall Street Higher. Markets Shrug Off USโ€“Iran Tensions

9 July 2026, 2:46 PM

US Open: Wall Street rebounds as AI and semiconductors overshadow Iran concerns

9 July 2026, 8:21 AM

Chart of the day ๐Ÿšฉ Oil slides from $80 despite USA - Iran tensions. What's next?

9 July 2026, 6:43 AM

Morning wrap๐Ÿšฉ Wall Street resists oil pressure amid rising Middle East tensions (09.07.2026)

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissรฃo de Valores Mobiliรกrios (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits