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 hitting new contract highs again on bullish cash ideas, tight supplies. Hogs test resistance. Grains lower pre-WASDE, with disappointment about crop ratings. Brad Kooima, Kooima Kooima Varilek has more.
The trade is expected lower yields in the September WASDE after the continuation of hot and dry weather in the last month.
The 2023-24 sorghum season presents promising export opportunities, likely resulting in improved sorghum premiums over corn.
AgDay TV Markets Now: Shawn Hackett, Hackett Financial Advisors discusses the WASDE and what yield numbers are already baked into the market, plus the reason wheat is at contract lows.
Row crops up on the yield cuts expected in the WASDE, while wheat hits contract lows. Feeders make all-time highs, live cattle try to follow. Is the dollar topping? Shawn Hackett, Hackett Financial Advisors has more.
November soybeans started the week off strong, rallying 6 cents to $13.69. December soybean meal closed $3.50 higher at $404.90. December soyoil ended the day unchanged at 60.50 cents.
Grains mixed on report squaring with lower yield ideas, SRW wheat makes new contract lows. Feeders hit all-time highs and pull fed futures, hogs bounce off trendline support. Kent Beadle, Paradigm Futures, has more.
Row crops up on lower yield ideas in WASDE, wheat hits contract lows on rains in HRW areas. Cattle extend gains after a higher week last week, short covering in hogs. Randy Martinson, Martinson Ag has more.
AgDay TV Markets Now: Chip Nellinger, Blue Reef Agri-Marketing previews the September WASDE, including how much USDA might cut corn and soybean yields.
We recap this week’s price action and share our outlook broken down into 5, 30 and 90 day segments.