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
From planting delays to governmental influence, the grain markets are being impacted by a plethora of factors.
EPA issues E15 summer emergency waiver
Ag production incentives part of Ukraine assistance request
The end of the South American monsoon has come earlier than average this year due to La Niña. The drier finish on the Safrinha crops will limit their yield potential.
Indonesia’s palm oil export ban has re-ignited the discussion of using cooking oils to make biodiesel.
Mato Grosso, Brazil’s top safrinha corn producer, is facing its driest April in 17 years, according to weather service EarthDaily Agro.
Ukrainian farmers in the southern region of Zaporizhzhia are determined to get their fields planted this spring.
Part of Brazil’s safrinha corn facing dryness concerns
Global food and fuel price shocks linked to the Russia/Ukraine war are likely to last until at least the end of 2024 and raise the risk of stagflation, the World Bank said in its latest Commodities Market Outlook report.
Price discovery suggests price will go high enough until demand is curbed sufficiently so we will not run out of stocks, but someone(s) might have to use less.
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