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
Negotiations are underway in Congress on provisions in the Ukraine aid package forwarded by President Joe Biden, including provisions that would provide a temporary boost in commodity loan rates. . .
Ukraine’s 2022 wheat crop is likely to be “close” to last year’s 32 MMT output, APK-Inform ag consultancy quoted the National Academy of Agrarian Sciences of Ukraine as saying.
A bullish set of fundamentals pushed corn prices to this high level, says Dan Basse, president of AgResource Company, and those factors could actually be getting more bullish.
Biofuel & farm groups see E15 & higher blends of corn ethanol into gasoline as the strategy to increased sales, but the current structure of the RFS “does not serve to incentivize ethanol blends higher than E10...
The European Union has agreed on a 7% cap for food-based biofuels. Germany is seeking to reduce that figure further.
History strongly suggests retailers will be buying beef quite strongly over the next six weeks.
Farmers in Canada are struggling to plant crops in fields that are either too wet or too dry in the Prairie provinces.
One of Brazil’s largest farmers plans to reduce fertilizer use by a quarter next season, relying on more precise applications and soil testing to maintain crop yields, Bloomberg reported.
U.S. consumer demand for retail meat remains exceptionally strong despite higher prices stemming from increased production costs and supply-chain limitations.
Canadian farmers are expected to plant 25.0 million acres of wheat in 2022, up 1.6 million acres from last year and 800,000 acres more than traders expected, according to Statistics Canada.