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.
Check out our location-based Cash Grain Bids tool here!
Latest News From Soybean Markets
Soybean oil used to produce biofuels in the U.S. fell to 1.197 billion lbs. in August, according to the U.S. Energy Information Administration (EIA).
Cattle 2-sided still consolidating but hit chart resistance. Hogs holding gains for 5th day. Soybeans follow meal with export biz and corn follows. Jeff Hoogendoorn, Professional Ag Marketing, has details.
Live cattle mixed to higher EOM, awaiting cash, but charts look bearish. Hogs mixed but is the correction over? Row crops firmer on short covering, higher crude oil. Brad Kooima, Kooima Kooima Varilek, has more.
AgDay TV Markets Now: Chip Nellinger, Blue Reef Agri-Marketing, says Row Crops and Meal See Profit Taking but Eye SA Weather, Harvest, Outside Markets
Starting on Tuesday, producers can apply for ERP benefits, regardless of whether they received a pre-filled form from USDA or not.
Soybeans, meal and corn fall on profit taking, watching SA weather, China export news, crude oil. Cattle and hogs extend gains, can they keep going? Chip Nellinger, Blue Reef Agri-Marketing has details.
Soybeans lower with profit taking in meal and better SA weather. That’s weighing on corn, plus lower crude oil and SRW wheat. Livestock extend gains but for how long? Kent Beadle, Paradigm Futures, has more.
Grains lower, livestock higher. But when will row crops break out of their sideways ranges? Can beans rally if corn doesn’t? When should livestock producers buy feed? We ask Jon Scheve, Superior Feed Ingredients.
This week’s price action in soybeans and soybean meal has many wondering if a South American weather market is starting early. Even China is taking notice.
AgDay TV Markets Now: Shawn Hackett, Hackett Financial Advisors, says soybeans rally with meal and talk of China sales and corn tries to follow. However, both markets have had difficulty sustaining rallies. Why?