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
Cattle start strong on cash ideas, hogs continue to consolidate. Corn and soybeans see short covering pre-WASDE and with Conab’s lower corn and soybean estimates. Scott Varilek, Kooima Kooima Varilek has details.
USDA’s initial forecast calls for net farm income to plunge $39.8 million (25.5%) to $116.1 billion in 2024.
AgDay TV Markets Now: Mark Schultz, Northstar Commodity, says China and South American news provide a catalyst for fund selling in corn and soybeans.
Funds push corn & soybeans to new lows on China cancellations, fast Brazil safrinha corn planting. Wheat sees short covering. Proft taking in cattle pre-cash, hogs mixed. Mark Schultz, Northstar Commodity, has more.
The U.S. exported $15.50 billion of agricultural goods in December against imports of $15.66 billion.
Massive fund selling pushes grains to new lows. So, what’s driving it? Live cattle take a breather waiting for cash with higher feeders. Hogs finally bounce. Randy Martinson, Martinson Ag, has details.
Soybeans & wheat up on short covering pre-WASDE, while corn fails to follow. Cotton rallies and cattle make new highs for the move. Hogs down a 5th day. Shawn Hackett, Hackett Financial Advisors, has more.
AgDay TV Markets Now: Shawn Hackett, Hackett Financial Services, grains square ahead of WASDE, while cattle make new highs.
USDA will begin issuing final Emergency Relief Program (ERP) payments totaling approximately $306 million to eligible commodity and specialty crop producers who incurred losses due to natural disasters in 2020 and 2021.
A bipartisan border deal and foreign aid package is likely to fail in the Senate this week due to strong opposition from former President Trump and leading House Republicans.