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
Soybeans up on strong NOPA and BO. Wheat mostly higher on short covering. Corn sees harvest pressure, despite a 79 mb sale to Mexico. Live cattle higher on strong cash ideas. Randy Martinson, Martinson Ag, has more.
Cattle higher with additional cash strength expected this week as packers push kills, hogs drift with lower cash and cutouts. Grains mixed testing resistance. Brad Kooima, Kooima Kooima Varilek has more.
Jerry Gulke says the Middle East conflict bears watching and advises farmers to have their energy and fertilizer supplies in hand should the event turn into another war.
In our 30-day wheat outlook, weather in multiple global wheat regions is garnering attention.
AgDay TV Markets Now: Darren Frye, Water Street Solutions, says the grains were mostly lower on Friday on profit taking but close higher for the week and he thinks the markets can build on that.
Refineries worldwide are facing challenges in meeting the rising demand for diesel, exacerbated by disruptions in global oil flows caused by OPEC+ output reductions and the conflict in Ukraine.
Corn and soybeans, even cattle see profit taking Friday. SRW wheat up on China biz. Crude oil and cotton rally on Middle East conflict. Darren Frye, Water Street Solutions, has the recap.
Corn and soybeans open higher then hit resistance, see profit taking and farmer selling. Wheat trying to hold gains with China biz. Cattle consolidate despite higher cash. DuWayne Bosse, Bolt Marketing, has more.
Grains start higher but row crops hit chart resistance and retrace. Wheat supported by China biz, oil up on Middle East conflict. Cattle start higher, then see profit taking. Darin Newsom, Barchart, has more.
AgDay TV Markets Now: Mike Zuzulo, Global Commodity Analytics, talks about why grains soared after the USDA Reports and what it will take to continue that momentum.