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
SRW wheat futures fell for the first week in the past 3 and charts strongly suggest prices may have established a near-term peak, but the market has demonstrated a capacity to generate renewed buying interest. . .
“Exciting times I think are not behind us yet,” says Jerry Gulke, president of the Gulke Group. “Price volatility is going to be extreme from one week to another.”
Ukraine/Russia crisis: Diplomatic meetings scheduled for next week
The Buenos Aires Grain Exchange cut its Argentine soybean crop estimate by 2 MMT. . .
The initial hearing in the process to write a new farm bill took place Wednesday, with the House Agriculture Conservation and Forestry Subcommittee examining current conservation programs.
Corn futures settled near a two-week low on profit-taking and technical selling in the wake of the early-week rally to nine-month highs.
Growing certainty in Washington that Russia will order some kind of military strike
Last year, prices rallied from January to May, and a repeat certainly is in the cards.
Overall, global pork imports and exports are predicted to decrease from 2021 levels, according to the latest outlook from Rabobank.
“You know, it is really clear that the Chinese haven’t met their commitment in Phase 1,” Bianchi said.