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
Belarus is working with other countries to sell its potash internationally.
Ukraine/Russia diplomatic solution reduced
Farmer sentiment dropped six points as the January Purdue University/CME Group Ag Economy Barometer declined to its second-lowest reading since July 2020.
Corn-for-ethanol use increased to 485.8 million bu. in December, according to USDA. . .
Crop Consultant Dr. Michael Cordonnier cut his Brazilian soybean crop estimate by 4 MMT to 130 MMT.
Consultant cuts South America soybean production estimate by 5 MMT.
Cotton futures extended last week’s late upturn to reach the highest levels in 10 1/2-years behind strength in crude oil and U.S. stocks, and optimism over demand.
Officials meet this week on Russia/Ukraine
USDA’s attaché in Argentina lowered its estimate for the country’s corn production and exports by 3 MMT each . . .
USDA will release its semi-annual Cattle inventory report for the U.S. after the close Monday, which may keep many traders sidelined. The report probably will reflect ongoing herd liquidation across the U.S. . .