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
AgDay TV Markets Now: Ted Seifried Zaner Ag Hedge talks about the recovery in corn and beans off the lows and what is will take in the USDA reports to keep it going?
Regarding WOTUS, Regan told a House Ag Appropriations Subcommittee Tuesday that EPA’s rule might have to be modified based on the upcoming Supreme Court decision.
Grains higher except wheat, fading Russia export news. Old crop corn & beans recovering on demand but further buying depends on the reports. Cattle look strong, but funds sell hogs. Ted Seifried, Zaner Ag Hedge
Grains mostly higher as some private companies cease exports in Russia and China buys more corn. Cattle supported by strong cash ideas and hogs see more fund selling. Vince Boddicker of Farmers Trading Company.
Grains mostly higher as Cargill stops Russia exports, plus another 8 mb of China corn sales and they could be looking for beans. Live cattle slightly higher with risk on outside markets. Kevin Duling, KD Investors.
Global commodities trader Cargill Inc. it will stop exporting Russian grain at the beginning of 2023-24 on July 1, the country’s ag ministry said.
Farmers around the Corn Belt are anticipating a big year for corn, especially with improving soil moisture in corn-deficit areas where cash prices have remained strong.
AgDay TV Markets Now: John Heinberg Talks About What Drove the Rally in Soybeans and Meal on Tuesday
AgDay TV Markets Now: John Heinberg of Total Farm Marketing discusses what drove the rally in soybeans, meal and wheat on Tuesday.
Gains in beans, meal and wheat mostly short covering end of quarter ahead of USDA’s data dump. Live cattle slightly higher awaiting higher cash, hogs saw profit taking. John Heinberg, Total Farm Marketing has more.
U.S. Trade Representative Katherine Tai told a GOP lawmaker, “I don’t need your pity,” after he said she was “too nice” to negotiate trade deals for the United States.