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
The situation in the grain markets this spring looks much different than a year ago, says Jerry Gulke, president of Gulke Group. Unfortunately, the picture is not as price positive for the 2023 crops.
With the popularity of electric and hybrid vehicles growing, long-term gasoline use could drop, taking ethanol consumption with it. Will ethanol continue to be the juggernaut in the corn market?
The grain markets are focused on planting progress — or the lack thereof. Jerry Gulke says the markets are building in weather premium as progress could see delays periodically especially in northern areas.
Sometimes it isn’t a matter of what direction prices are headed but where they are not headed. USDA has shaved demand, especially in corn. The long-term outlook might show corn prices have lower targets yet to come.
The major debate this year has been one of perceived tight stocks versus how high prices have or will impact global demand for U.S. agricultural commodities.
The 2022/23 crop season could post two records in Brazil: a record 313 million tons of soybeans, corn, cotton, rice and wheat and a record storage deficit of more than 100 million tons.
Iowa farmer Ben Riensche is excited about the opportunities current margins are providing to reinvest in his operation. He provides these tips for spending money during good times.
Markets can tell a story, especially after a journey through headwinds, political strife and wars. March soybeans did that in 2022.
Markets can tell a story, especially after a journey through headwinds, political strife and wars. March soybeans did that in 2022.
Ag families experience recessions most tangibly through their non-farm personal connections, making them worth watching, regardless of farm economics.