US Biofuels Update: Higher Soybean Oil Futures Trim Soybean's Losses

-- Biofuels feedstock futures closed mixed, with soybean oil higher and near contract highs, while soybean prices dropped.

The Chicago Board of Trade July soybean futures contract closed 0.23% lower at $11.89 per bushel, while the CBOT July soybean oil futures contract settled 1.19% higher at 72.52 cents per pound.

On Monday, the June ethanol futures contract on the Nymex ended 2.42% higher at $2.01 per gallon.

Rhett Montgomery, DTN analyst, said the soybean market is underpinned by surging soybean oil prices.

"In product markets, meal futures were just slightly lower (but well off the daily lows) following Monday's sharp move higher, which has since been attributed to rejected cargoes of Argentine meal in the Netherlands. Soybean oil was higher and once again knocking on the door of new contract highs," Montgomery said in a daily note.

Brazil's soybeans have a price advantage over those in the US on the export market, Montgomery said.

"However, US soybeans being among the most affordable they have been relative to Brazil in 2026 can't hurt ahead of key trade discussions when President Trump visits China in mid-May."

Research Alert: T-mobile Posts Industry-leading Q1 Results, Adds 217k Postpaid Accounts

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:T-Mobile reported Q1 2026 EPS of $2.27 vs $2.58 in Q1 2025, impacted by $476M UScellular merger costs and $105M transformation expenses, though service revenues grew 11% to $18.8B, with postpaid service revenue up 15% to $15.6B. Postpaid net account additions of 217k (+6% Y/Y) demonstrated continued market share gains despite earnings pressure from strategic investments. Industry-leading operational performance reflects network differentiation driving customer acquisition, with record switcher share citing network quality and fastest fixed wireless speeds. Management raised 2026 guidance for postpaid adds to 950K-1.05M, EBITDA to $37.1B-$37.5B, and FCF to $18.1B-$18.7B. Strong FCF of $4.6B enabled $6.0B stockholder returns, with Board increasing authorization to $18.2B from $14.6B. We expect continued profitable growth through network leadership, fiber expansion targeting 3M-4M customers by 2030, and scaling of T-Ads and T-Mobile Visa services.

$TMUS

Fair Isaac Fiscal Q2 Adjusted Earnings, Revenue Climb; FY Outlook Raised; Shares Gain After Hours

Fair Isaac (FICO) reported fiscal Q2 adjusted earnings late Tuesday of $12.50 per diluted share, up from $7.81 a year earlier.Analysts polled by FactSet expected $10.89.Revenue in the quarter ended March 31 rose to $691.7 million from $498.7 million a year earlier.Analysts surveyed by FactSet expected $630.2 million.The company raised fiscal 2026 guidance to adjusted EPS of $40.45 on revenue of $2.45 billion, compared with its prior forecast of EPS of $38.17 on revenue of $2.35 billion.Fair Isaac shares rose 5.9% in after-hours trading.

$FICO

World Kinect Insider Sold Shares Worth $666,600, According to a Recent SEC Filing

Michael J Kasbar, Director, Executive Chairman, on April 24, 2026, sold 23,653 shares in World Kinect (WKC) for $666,600. Following the Form 4 filing with the SEC, Kasbar has control over a total of 1,062,797 common shares of the company, with 1,062,797 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/789460/000119312526187346/xslF345X05/ownership.xml

$WKC

Related Articles

Research Alert: T-mobile Posts Industry-leading Q1 Results, Adds 217k Postpaid Accounts

Fair Isaac Fiscal Q2 Adjusted Earnings, Revenue Climb; FY Outlook Raised; Shares Gain After Hours

World Kinect Insider Sold Shares Worth $666,600, According to a Recent SEC Filing