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
After starting 2022 off on the positive side, the grain markets were lower the second week of January.
March soybean futures fell 7 1/2 cents to 13.69 3/4, down 40 1/2 cents on the week and the contract’s lowest settlement since $13.55 1/2 on Jan. 3.
It’s time for a reality check on 2021-crop corn, soybeans and wheat. If you haven’t locked in prices (and record returns on investment for many), why haven’t you?
LanzaJet announced Microsoft is investing $50 million in its sustainable aviation fuel biorefinery in Georgia to produce jet fuel next year.
La Niña conditions are likely to continue during the Northern Hemisphere spring.
March SRW wheat futures fell 11 cents to $7.46 3/4, the lowest close in a week. March HRW futures fell 18 1/4 cents to $7.59 1/4, the lowest closing price since $7.54 on Oct. 21.
Dryness in South America prompted USDA to cut production estimates for key countries, such as Brazil, Argentina.
Economists at Texas A&M University recently completed two studies on impacts of surging fertilizer prices for farms.