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
Fed raises interest .75, corn and wheat move lower and soybeans are up with help from technical buying and China demand hopes. AgDay’s Michelle Rook chats with Ted Seifried of Zaner Ag Hedge.
China’s customs authority updated its list of approved Brazilian corn exporters on Wednesday.
Corn & wheat lower with Russia extending participation in export deal, soybeans held up by soybean oil. Live cattle consolidate ahead of the Fed decision,. Michelle Rook w/Chip Nellinger Blue Reef Agri-Marketing.
Grains open sharply lower on news Russia is resuming the export deal. Cattle higher w/lower corn but awaiting Fed decision and cash direction. Hogs set back. @michellerookag w/ @scottevarilek
Argentina’s government is set to announce measures soon to allow wheat exporters to delay agreed shipments after a major drought hammered the crop, raising concerns about domestic supply.
Insurers are no longer offering new cargo insurance coverage for shipments out of Ukraine through the Black Sea corridor after Russia suspended its participation, industry sources told Reuters.
Grains were higher with cotton limit up on news China may relax its COVID policy. Cattle consolidate ahead of the Fed decision. Michelle Rook talks to John Payne of Hedge Point Global Markets.
Cattle consolidate ahead of the Fed announcement, with hogs up. Soybeans rallying on China and Brazil news and corn is trying to follow. Michelle Rook gets an update with Brad Kooima of Kooima Kooima Varilek.
While gasoline prices have dropped since they posted record highs in June, diesel hasn’t decreased nearly as much and currently stands at $5.31 per gallon, according to AAA.
Grains gap higher on the open led by wheat and news over the weekend Russia is suspending the export deal. Livestock set back with higher feed prices. @michellerookag talks with @kdinvestors