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
EPA’s proposed biofuels blending levels announced Dec. 7 under the Renewable Fuel Standard (RFS) for 2020, 2021 and 2022 have now been published in the Federal Register.
The surging spot shipping rates of the past year are set to translate into steep price increases in 2022, the Wall Street Journal writes. . .
Russian and Ukrainian farmers are expected to harvest 110.4 MMT of wheat in 2022, 2.6 MMT more than previously forecast by Black Sea region ag consulting firm SovEcon.
BSE reported in Canada, market access likely ‘unaffected’
Some rains fell on southern Brazil over the weekend, but they weren’t enough to stop net drying in the region.
Russia plans to set its grain export quota at 11 MMT, including 8 MMT of wheat, from Feb. 15-June 30, 2022 . . .
The NCGA and state organizations sent a letter asking Mosaic executives to “voluntarily withdraw your countervailing duties and allow critical supply back into the U.S. . . . “
South American weather pattern to remain about the same
As of mid-December, a significant portion of U.S. wheat acres are experiencing drought.
Unica expects more sugarcane to be allocated to ethanol production – 55.13% this year versus 53.93% last year.