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
December SRW wheat surged 59 3/4 to $7.77 1/2 and closed at a five-month high close. December HRW wheat gained 58 1/2 cents to $9.25 1/4 and hit an eight-month high.
The grain markets continued to show strength this week. But how will continued global uncertainty, a long weekend and USDA’s initial 2022 estimates impact prices?
The dramatic development of the U.S. renewable diesel industry is similar to how ethanol changed the U.S. corn industry. But it could be more even disruptive.
A week ago, Jerry Gulke discussed how global events could affect agriculture. Now we know.
The grain markets posted some of their largest weekly gains ever this week.
Live cattle see more profit taking, despite higher boxed beef and strong cash. Hogs bounce with higher cash and cutouts. Grains lower on profit taking. Brad Kooima of Kooima Kooima Varilek has details.
China contains the largest population of any country in the world. All those mouths drive demand across the globe and for your farm’s products.
AgDay TV Markets Now: Oliver Sloup, Blue Line Futures, talks about how much more risk premium he anticipates the grain markets to add after a sharp rally Monday led by wheat.
The grain markets are playing a familiar tune—a song of higher prices. “We are truly in uncharted waters,” says Jerry Gulke, president of the Gulke Group. “There are so many things in motion.”
All eyes will be on USDA’s planting numbers on Thursday, March 31. Will acres swing hard to corn, soybeans or be split down the middle?