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: Mike Minor of Professional Ag Marketing Says Grains are Consolidating and Corn and Beans May Have Put in Highs Without a New Catalyst or Bullish Story.
The International Grains Council (IGC) cut its forecast for 2022-23 global corn and soybean production.
Grains mixed still consolidating under Monday’s highs. Are the tops in for now? Cotton is lower on economic concerns. Cattle also consolidate ahead of cash. Darren Frye of Water Street Solutions has more.
Grains open slightly lower then turn mixed digesting export news and weather. Markets continue to consolidate, so are seasonal highs in? Rich Nelson of Allendale has the answer and a look at livestock.
The Port of Savannah’s loaded container exports grew 21% in January.
House Speaker Kevin McCarthy (R-Calif.) pledged “this is the year to do a farm bill.”
AgDay TV Markets Now: Bryan Doherty of Total Farm Marketing discusses what triggered the selloff in the grains on Wednesday.
Inflation is moderating, but still well above the Federal Reserve’s 2% inflation goals. So, farmers are bracing for higher interest rates ahead.
What will the next decade hold for your farm? What factors should you use to weigh investments or crop planning? Here are five trends and data sets to ponder from USDA’s latest Agricultural Baseline Projections.
A risk off day in grains, with a higher dollar, no new bullish SA crop news and profit-taking after hitting chart resistance. Plus, are milk futures close to a bottom? Bryan Doherty, Total Farm Marketing has details.