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Futures and options trading involves risk of loss and is not suitable for everyone.

🌽 New Ethanol Plant for North Dakota: RoughRider Energy plans a facility near Glen Ullin that would use 84 million bushels of corn a year to produce 240 million gallons of ethanol, starting in 2029. 🏭 CO2 from the plant would be piped to a Summit Carbon storage site about 15 miles north, while Gevo has proposed a separate 75-million-gallon plant near Richardton.

📉 Soybeans Slide, Corn Edges Up: January soybeans fell 5 cents to $12.38 on fund liquidation and worries that resumed Black Sea shipments could cut into US export demand. 🌾 Dec corn gained 3 cents to about $4.52 on bargain buying, while wheat posted its ninth loss in 10 sessions.

🚢 Sea of Azov Reopens to Grain Ships: Russia has issued permits letting grain vessels leave the Sea of Azov through November 15, after traffic was halted on July 10 by Ukrainian drone attacks. ⚠️ With no ceasefire in place, some ships are expected to travel under Russian naval escort.

🏦 Fed Holds Rates Steady: The Federal Reserve voted 10-2 to keep its benchmark rate at 3.75% to 4% as inflation rose to 3.7% in September. 📊 Fed Chair Kevin Warsh gave no clear signal for December, and traders still expect a hike next month but fewer increases in 2027.

🇺🇸 Soybean Flash Sale: USDA reported a sale of 120,000 metric tons (4 million bushels) of soybeans to unknown destinations for the 2026/27 marketing year. 🚀 Total US soybean export sales are running 81% ahead of last year’s pace.

⛽ Ethanol Output Hits 13-Week High: US ethanol production climbed to 1.12 million barrels per day, up 2.2% from the prior week, with stocks nearly steady at 24.52 million barrels. 💰 Corn Belt ethanol margins strengthened to between 25 and 65 cents per gallon positive.

🎲 Kalshi Weighs New Safeguards: CEO Tarek Mansour says the prediction market is exploring ways to protect users from losses and is open to raising the minimum age from 18 to 21. 🔒 The company has already set a $2,500 monthly deposit limit for users under 21 and will place them in special accounts that discourage risky behavior.