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 see risk off fund liquidation & weaker cash. Hogs see short covering w/strong exports. Corn follows a rally in wheat with strong exports, which pulls beans up. Scott Varilek, Kooima Kooima Varilek has more.
Beans see pressure on harvest & weak exports w/low river levels. Wheat up on lower EU estimate. Cattle see risk off selling w/lower cash, hogs lifted by strong exports. Mike Zuzulo, Global Commodity Analytics, has more.
AgDay TV Markets Now: Kent Beadle, Paradigm Futures, talks about harvest time marketing. Should farmers store or sell?
The Renewable Fuels Association (RFA) is calling on the California Air Resources Board (CARB) to expedite its approval process for E15.
Kommersant reported the ban would be lifted only on pipeline exports of diesel, and that volumes may be subject to quotas to avoid surges in wholesale prices.
Two small refiners are once again challenging the Environmental Protection Agency’s (EPA) decision to deny small refinery exemptions (SREs) under the Renewable Fuel Standard (RFS).
AgDay TV Markets Now: Chip Nellinger, Blue Reef Agri-Marketing, says ag markets hit again by risk off in outside markets, except wheat gets a boost with China biz.
Chinese exports to the Group of Seven (G7) industrial nations have seen a notable 7% decrease between March 2022 and August of this year, according to Geneva-based Trade Data Monitor.
Another risk off day in outside markets hurt ag markets, plus harvest pressure and low river levels weighed on soybeans. Wheat held gains on China export biz. Chip Nellinger, Blue Reef Agri-Marketing has more.
Mostly lower markets with lower equity markets on macroeconomic concerns. Cattle take out chart support in the process. Wheat is the exception with China SRW export biz. Kent Beadle, Paradigm Futures has more.