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
Gov. Kim Reynolds (R-Iowa) signed legislation Tuesday that will subsidize and expand sales of E15 gasoline and other renewable fuels.
Members of the National Oilseed Processors Association (NOPA) crushed 169.8 million bu. of soybeans in April, down 12.0 million bu. (6.6%) from March. . .
Fundamental & technical analysis of Monday’s wheat markets.
“Many of Canada’s dairy TRQs remain unfilled, and this represents a tangible loss to New Zealand’s dairy exporters…
Dr. Joe Outlaw, “I think the biggest reason the U.S. won’t see a crisis like the 1980s again is the federal crop insurance program.”
The week started out in a downward trend but ended on a high note due to continued planting delays and lower USDA crop projections.
There have been only five other years when USDA went with an initial sub-trend yield due to slow plantings . . .
We’ll start with the good news: The April data market saw a slight easing in the financial metric. The bad news: Inflation is still near 40-year highs.
The Buenos Aires Grain Exchange projects Argentina’s wheat crop will fall to 20.5 MMT in 2022-23. . .
New-crop futures led the corn market higher after USDA lowered its yield projection more than expected, fueling concern that . . .