Soybean Oil Commodity Markets, Prices & Futures
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Latest News From Soybean Markets
Grains continue to be pushed by weather, except wheat. Livestock mostly higher. Michelle Rook talks with Mike Zuzulo of Global Commodity Analytics.
Grains open sharply higher, how long does weather rally last? Livestock start mixed to lower. Michelle Rook talks with Randy Martinson of Martinson Ag.
Markets brush off GDP. Grains continuing to rally on weather, as soybeans lead. Livestock react and head lower.
Markets open higher except feeders on Thursday, after negative GDP numbers. Michelle Rook talks with Luke Swenson of The Money Farm.
The Fed raised interest rates .75 basis points for the second consecutive month. The market was largely anticipating this move and now turns its attention to how long this aggressive pace is going to last.
Livestock are mixed, while grains continue to push higher on weather and fund buying. How high will we go?
Seth Meyer, chief economist at USDA, told Reuters developing countries in North Africa and elsewhere could be the first to see some relief in prices at grocery stores. . .
Finding enough seafarers willing to sail ships stuck inside Ukraine’s ports is set to pose a major challenge to the resumption of Ukrainian grain exports.
Weather trumped the Fed news as row crops continued higher, also pushed by new contract highs in meal. Wheat set back on big spring wheat tour yields. Livestock ended higher except nearby live cattle.
Soybeans continue their big rally pushed by weather and new contract highs in meal, wheat is lower and corn is caught in the middle. Hogs rebounding, with the cattle mixed. Markets await Fed announcement.