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
For this week, May corn prices were up 18.25¢ and May soybean prices were up 1.75¢, for the week ending March 19. May wheat prices were down 12¢.
The markets continue to exercise caution ahead of the fourth and final big USDA report this month.
The grain markets posted another active week. May corn prices were up 9¢ and May soybean prices were up 30¢, for the week ending April 16.
Wow. This week saw corn prices top $6 and soybean prices top $15.
Grains lower still removing weather & war premium, ignoring the 4.85 mb new crop beans to China. Live cattle lower with sloppy and limited cash, hogs consolidating. Kent Beadle, Paradigm Futures has more.
AgDay TV Markets Now: John Heinberg of Total Farm Marketing says corn and soybeans remove weather premium and could see more technical selling pressure after chart damage.
China has maintained its position as the world’s largest meat importer since 2019, despite a recent decrease in imported meat volumes, according to a USDA Economic Research Service report.
With the dry areas getting smaller and the wetter areas getting wetter, Jerry Gulke says the market is justified in removing weather premium from corn and soybeans.
Grains Lower Friday Removing Weather Premium, Row Crops do Technical Damage: That Supports Livestock
Grains lower as funds sell removing weather premium, row crops do chart damage. Cattle supported by lower corn, higher cash bids. The LHI keeps pulling along hog futures. John Heinberg, Total Farm Marketing has more.
December corn futures fell 12 1/4 cents, before settling at $5.21, ultimately falling 15 1/4 cents on the week.