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
Agroconsult expects Brazil to produce record corn and soybean crops in 2022-23, despite dry weather in the far southern state of Rio Grande do Sul.
AgDay TV Markets Now: Fund traders bought grains in 2022 as a hedge against inflation but what catalyst do they need to resume that buying in the grains in 2023? Ted Seifried of Zaner Ag Hedge has the answer.
With a pandemic-driven surge finally over, monthly import cargo volume at the nation’s major container ports has fallen below the 2 million twenty-foot equivalent unit (TEU) mark . . .
Joe Vaclavik of Standard Grain talks about poor demand for corn including exports and slow ethanol production. Will USDA make adjustments in this week’s reports?
India’s wheat production is set to jump to a record. . .
Costs for hiring ships to transport commodities from the Black Sea have risen by more than one-fifth since the start of the year, Reuters reported, reflecting higher war risk insurance rates, industry sources said.
“A lot of people looked at the smaller landlocked crush facilities and said, ‘Does that make sense?” I think those locations will go away, and I’m not sure they should have been there to begin with,” Fife says.
The latest issue for rail service is a dispute between Union Pacific and poultry giant Foster Farms.
Indonesia and Malaysia, the world’s biggest producers of palm oil, agreed on Monday to work together to fight “discrimination” against the commodity after a meeting between leaders from the countries.
The acreage battle will be a hot topic in 2023, especially for the cotton market. Early indication the nation’s farmers will be planting less cotton.