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.
Check out our location-based Cash Grain Bids tool here!
Latest News From Soybean Markets
Markets mostly higher on Wednesday....soybeans and cattle were the standouts.
A higher day in the commodity sector, with the exception of wheat.
The crop situation in Canada ranges from dryness/drought in areas of the Western Prairies to excessive wetness/flooding in eastern growing regions.
. . . the highest weekly production tally since the week ended Dec. 10 and 3.6% above the corresponding week last year.
USDA’s first official look at the 2022/23 marketing year is the foundation from which supply and usage estimates will be fine-tuned in the next 16 months.
The Ukrainian grain traders’ union UGA forecasts the country’s production at 19.2 MMT for wheat (down from a record . . .
USDA says corn-for-ethanol consumption totaled 414.7 million bu. in April, below expectations for use of 427.4 million bushels.
Wheat and corn continued to slide on Wednesday with a rebound in soybeans and livestock.
A senior United Nations (UN) official had “constructive discussions” in Moscow with Russia’s first deputy Prime Minister Andrei Belousov on facilitating Russian grain and fertilizer exports to global markets.