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
Here’s my biggest concern about what USDA didn’t deliver. What if the trade is right that U.S. corn exports will be at least 2.75 billion bushels with an outside chance of reaching 3 billion?
U.S. corn and soybean futures retreated on Thursday after the Department of Agriculture (USDA) projected that U.S. farmers would devote more acres to the two crops this spring than any year on record.
After consecutive years of stagnant commodity prices for some crops, the market has flipped. From lack of volatility to extreme price moves today, some think the volatility may be here to stay.
CME Group on Wednesday reported quarterly earnings that beat Wall Street expectations, but revenue declined as the COVID-19 pandemic and its economic fallout hurt demand for some of its top products.
“The trade really wanted to see USDA get more aggressive on increasing corn export demand, especially after all the sales we had seen to China about two weeks ago,”
A far cry from this time last year, farmers are actually asking the question ‘what should I add?’ versus ‘what do I need to cut?’ With skyrocketing commodity prices, farmers have the opportunity to experiment.
An exclusive interview with the NASS Chief of Crops about Farm Bureau’s recommendations to improve transparency and accuracy of NASS reporting.
Pirates are stealing billions during the exchange of U.S. agriculture goods, and pumping the wares right back onto American department store shelves. But CSI is ready to take on agriculture crime.
Chip Flory has a tight grip on agriculture’s tape measure. When an army of 150 scouts from 12 countries marches across U.S. farmland with ropes and smartphones, Flory knows there is a meticulous method to the madness.
U.S. soy processors, fresh off their busiest year on record, have booked soybean purchases well beyond their normal few weeks of supply due to soaring export demand, rising prices and fears of soy shortages.