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
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. . .
U.S. ethanol stocks increased 681,000 barrels to 23.59 million barrels for the week ended Jan. 14. . .
Rains boost Argentine soil moisture but not crop conditions
The price outlooks for corn and soybeans are initially about as different as a drought and a flood.
Scoular shipped its first container of soybeans out of its new export facility at the Port of Wilmington in North Carolina, according to company officials.
To phase out the use of glyphosate by 2024, Mexico’s top scientific council recommended a 50% reduction in imports of the herbicide this year.
Farmers should not count on an Ag Risk Coverage (ARC) or Price Loss Coverage (PLC) payment for the 2022-crop marketing year, according to University of Illinois farmdoc agricultural economists.