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 higher on technical buying, higher CO, export news, Arg crop losses, weather & risk premium. Profit taking in cattle w/steady to lower cash. Hogs bounce. Vince Boddicker, Farmers Trading Company has more.
Grains higher with technical buying, weather and export news all factors. Cattle seeing profit taking awaiting cash, while hogs see some short covering. Michelle Rook has details.
USDA’s attaché in Beijing reports: “Feed mills have resumed mixing more corn in feed rations as higher prices for wheat and sorghum . . .
Grains and cotton higher with technical buying and supportive export news. Cattle seeing profit taking awaiting cash. Hogs also lower. John Payne of Hedge Point Global Markets.
AgDay TV Markets Now: Don Roose Discusses if Soybeans and Meal are Putting Weather Premium Back In ?
AgDay TV Markets Now: Don Roose of U.S. Commodities talks about the bounce in soybeans and meal and if they’re adding Argentina weather premium back in? Plus, will deferred live cattle continue to make new highs?
Mexico is already self-sufficient in production of white corn but is highly dependent on imports for yellow corn.
Soybeans, meal end higher and may have taken out enough weather premium. Wheat saw short covering, but corn couldn’t follow. Deferred live cattle scored new contract highs. Don Roose of U.S. Commodities has more.
Livestock mixed, with cattle awaiting cash direction. Grains trying to hold gains led by wheat, have soybeans taken out enough weather premium? Jeff Hoogendoorn of Professional Ag Marketing has analysis.
Updated acreage forecasts from S & P Global.
Wheat sees corrective buying, soybeans more technical selling with good rains in Argentina. Corn is caught in the middle. Cattle and milk markets are lower. Bryan Doherty of Total Farm Marketing has details.