Soybean Oil Commodity Markets, Prices & Futures
Use the chart below to check futures prices for soybean oil. Click the contract dates for more prices and trends. Cash price reflects the USDA Chicago terminal.
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Latest News From Soybean Markets
The Department of Labor finalized a new rule for agricultural workers in the U.S. under the H-2A visa program, which will take effect on June 28.
Cattle start higher on strong cash before end of month profit taking sets in. Corn and wheat also consolidate with an eye on weather while soybeans move higher. Brad Kooima, Kooima Kooima Varilek has details.
Darren Frye, Water Street Solutions, says the wheat rally came on weather and technical buying, which also helped corn and soybeans post a higher week. He’s not sure it can continue without a bigger weather issue.
Grains end mixed Friday but higher for the week led by wheat. Cattle make new highs for the move helped by stronger cash. Can the markets continue to move higher? Darren Frye, Water Street Solutions, has the answers.
Gulke Group president Jerry Gulke explains why he made the last-minute decision to switch 200 acres of corn to soybeans.
Recap of the week’s price action, advice and outlook broken down into the next 5, 30 and 90 day segments.
Wheat continues to rally while row crops ease, all watching weather says Allison Thompson of The Money Farm. Cattle build on Thursday’s reversal on better cash news.
The European Commission cut its forecast for the 2024 European Union wheat crop to a four-year low amid a projected bigger decline in planted area than previously expected.
AgDay Markets Now: Alan Brugler Says Wheat Pulls Corn Higher but It Might Have its Own Bullish Story
Alan Brugler, Brugler Marketing says wheat, corn and cattle close higher Thursday.
USDA expects all food prices to rise 2.2% this year, down from the 2.5% increase expected last month.