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
The Supreme Court could issue a new decision outlining the scope of Clean Water Act jurisdiction by this summer.
Payouts initially are coming in April or May via the Wildfire and Hurricane Indemnity Program-Plus (WHIP+) program.
March cotton futures fell 37 points to 120.38 cents per pound, the contract’s lowest closing price since Jan. 14
Canadian pigs headed to the U.S. to be fed and slaughtered are getting stuck in Canada, while feed is stranded in the U.S. as new vaccine rules exacerbate a labor shortage for truckers and railroad employees.
While some areas of South America received some recent rains, any crop improvement was likely limited as moisture will be lost to evaporation. . .
Corn futures rose for the fifth straight day and settled at the highest levels in over seven months on strengthening export demand.
For the third week of January, the grain markets featured some explosive prices.
It might be prudent to understand various call option strategies that provide upside gain potential should the U.S. drought continue, soaring prices do indeed cause farmers to use less fertilizer or yields are low.
USDA’s attaché in Brazil lowered its estimate for the country’s soybean exports & production compared to the Jan. World Agricultural Supply and Demand Estimates (WASDE) . . .
March soybeans soared 34 1/2 cents to $14.25 3/4, the contract’s highest closing price since $14.33 on June 10. . .
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