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
Nearby livestock futures higher with grain pullback, grains slide on weather.
Grains pull back Tuesday with change in weather, livestock open mixed.
Risk on day has most of the grain and livestock futures higher on the close.
Grains gap higher to start the week pushed by weather, livestock futures opened higher except feeder cattle.
A risk on day has markets higher except feeders, weather is also a driver.
With worldwide recession fears climbing, there is further evidence that China’s economy is slowing down. ThenNational Bureau of Statistics reported second quarter GDP was only up .4% from a year ago.
Grains ended mixed on Friday, with livestock mostly lower.
A high-pressure ridge is expected to expand while drifting temporarily into the heart of the Plains & portions of the Corn Belt this weekend & early next week resulting in what may be the hottest temps of the summer...
Wednesday’s CPI or Consumer Price Index for June rose 1.3% and above expectations at 9.1%. This is continuing to impact the outside and agricultural commodity markets and may trigger the Fed’s next move.
Midday markets turn mostly lower at noon hit by money flow. Cattle seeing pressure from disappointing cash.