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
Contract lows in corn, 6 1/2 month lows in soybeans with risk off technical selling, & improved SA wx. Hog & milk futures also fall, while cattle chased higher cash. Bryan Doherty, Total Farm Marketing has more.
Grains sink, contract lows in corn on risk off fund selling on Red Sea shipping concerns, Brazil wx, & farmer selling. Hogs slide to new lows, with cattle following cash higher. Kent Beadle, Paradigm Futures, has more.
2023 was a lower year for all the grains as the market went through a commodity reset similar to 2013. What’s ahead for 2024?
Cattle rally with cash up to $173, few $174 last week and adding weather premium. Hogs mixed. Grains fall with improved SA weather, beans take out Oct. lows. Scott Varilek, Kooima Kooima Varilek, has more.
AgDay TV Markets Now: Brad Kooima, Kooima Kooima Varilek, recaps a record year in the cattle market and discusses if new highs are possible in 2024.
AgDay TV Markets Now: DuWayne Bosse, Bolt Marketing, recaps grain market action in 2023 and looks ahead at what he expects in 2024.
AgDay TV Markets Now: Kent Beadle, Paradigm Futures, discusses what the grain market will focus on to start 2024.
USDA’s final 2023-24 production data, along with global production updates, due out Jan. 12 will provide direction for market participants.
2023 was a lower year for nearly every major ag commodity market except cattle. Randy Martinson, Martinson Ag, recaps the year and looks ahead at what may move the markets to start 2024.
March SRW futures rallied 8 1/2 cents to $6.31 1/2 but closed off session highs. March HRW futures rallied 8 3/4 cents to $6.43 3/4.