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 domestic demand story is providing fuel to the markets as strong basis is part of what helped drive the markets higher this week. Marketing analysts on U.S. Farm Report discuss the market action this week.
Brazil just keeps breaking records. For 2020/21 the country’s soybean production is forecast at a record 4.98 billion bushels, which is up 8.6% from last season’s record crop.
May corn futures briefly topped $6 this week. While the futures prices didn’t stay above $6, the strong price signals showed up in both old crop and new crop this week.
How has the market rally influenced your grain marketing strategies? Join AgriTalk’s Chip Flory and your farming peers for a lively discussion about the markets.
“U.S. Farm Report” Host Tyne Morgan will join USDA’s Seth Meyer to discuss 2021 crop and acreage expectations.
U.S. soybean farmers could be in for a volatile price ride this year. With already tight stocks with robust demand, Blue Reef Agri-Marketing’s Chip Nellinger says soybean prices could see extreme volatility this year.
May corn futures closed in on $6 Wednesday, a price move being driven by a number of factors. Brian Doherty with Total Farm Marketing says corn’s performance is one for the record books.
This session will look at grain marketing habits that help you run a successful farm operation. You’ll also learn habits that can hurt your profitability.
Hear Esther George, president and CEO of the Federal Reserve Bank of Kansas City, provide insights on the current state of the economy.
Some habits breed grain marketing success, while others hurt your profitability. Want to be a better marketer? Follow this advice.