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
As carbon capture pipeline projects gain momentum, questions are emerging regarding how the associated tax credits will impact farmers and conservation efforts.
Grain and livestock futures are mostly lower on fund selling. The risk off in outside markets is spilling over due to a looming government shutdown. Brad Kooima of Kooima Kooima Varilek has details.
AgDay TV Markets Now: Alan Brugler, Brugler Marketing says soybeans close higher on profit taking, corn on Mexican export biz. So, are the markets making early harvest lows or just being cautious before USDA reports?
Soybeans & corn up on profit taking, report positioning and MX corn export biz, wheat mixed. Cattle consolidate, digesting the COF. Macro markets fear a govt. shutdown. Alan Brugler, Brugler Marketing, covers it all!
USDA forecasts all food prices will increase 5.8% this year, within a range of 5.4% to 6.2%.
Soybeans see harvest pressure & technical selling, taking out support. That weighs on corn despite a 64.5 mb Mexico buy. Wheat mixed. Cattle come off lows, while hogs bounce. Kent Beadle, Paradigm futures has more.
Grains mixed. Soybeans see harvest pressure, corn tries to hold gains with a 65.4 mb Mexico buy, wheat mixed on spreads. Cattle fade the COF w/profit taking, hogs bounce. Randy Martinson, Martinson Ag, has details.
The corn market is turning stronger, says Jerry Gulke, while wheat was the first to reset and proceed like everything is normal, even though that’s not the case. When it comes to soybeans, there’s bad news and good news.
Cattle end higher on stronger cash and ahead of the COF which confirmed tight supplies. Hogs lower for the week. Grains see a technical bounce as markets are oversold. Scott Varilek, Kooima Kooima Varilek, has more.
A recap of this week’s price action and keys to watch over the next 5, 30 and 90 day segments.