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
World Weather Inc. predicts the Midwest will see a mix of rain and sunshine during the next two weeks.
CME Group announced some price limits for grains and oilseeds would be reset starting May 1 for the trade date of May 2, 2022.
30 day outlooks for corn, soybeans, wheat and cotton.
The weak yen is one reason prices are rising in Japan, with consumer price inflation expected to approach the central bank’s longstanding 2% target in the next month or two.
This week corn prices topped $8 per bushel and soybean prices topped $17 per bushel. With slow planting progress, these prices could be trying to attract or commit acres to certain crops.
Cattle on Feed Report: Placements top expectations
In response to market prices, oil refiners are planning to increase jet fuel and diesel production instead of gasoline this summer.
For total grains, IGC cut production by 12 MMT, trade by 9 MMT and carryout stocks by 26 MMT from its 2021-22 estimate.