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
Grains and now cattle have turned mostly lower in a risk off day in outside markets, but are also trading weather. Hog hit contract lows before short covering emerged. John Payne of Hedge Point Global Markets.
Grains see risk off and corrective selling, plus Ukraine shipments resumed. Cattle supported with tight numbers, strong demand, but hogs hit new lows. Tomm Pfitzenmaier, Summit Commodity Brokerage.
AgDay TV Markets Now: Darren Frye, Water Street Solutions says new crop corn and bean contracts led putting in weather premium, but will chart support hold once planting accelerates? And will old crop stay strong?
Corn and soybeans end higher but new crop leads putting weather premium. Wheat ignores crop ratings and weather, watches Black Sea news. Fund buying, strong cash supports cattle. Darren Frye, Water Street Solutions.
Wheat sets back on profit taking, with corn & beans trying to hold watching weather, seeing spread trade. Live cattle are consolidating, while feeders are supported by strong cash. Randy Martinson of Martinson Ag.
2-Sided in livestock with some consolidation. Will cash be higher again this week? Are hogs trying to bottom? Some profit taking and spread unwinding in corn. More with Brad Kooima, Kooima Kooima Varilek.
The strike by the Urgara grain inspectors union that prevented the loading of ships at the main Rosario export hub today is scheduled to end at midnight.
AgDay TV Markets Now: Matt Bennett with AgMarket.Net recaps the risk on day in ag markets, but says grains were also supported by weather and fund/technical buying after Nov soybeans and Dec corn held support.
Signs of an economic slowdown are flashing in the global diesel market, according to Bloomberg News.
Fund buying with the risk on day and strong technicals support ag markets. Plus, grains watch weather and the Argentina strike. Cattle recover with higher cash ideas. More with Matt Bennett of AgMarket.Net.