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
Final 2020 crop numbers from USDA put the overall corn crop at 14.2 billion bushels and soybeans at 4.14 billion bushels, both below trade expectations.
U.S. soybean and corn futures climbed to fresh 6-1/2 year highs on Wednesday, as worries about dry weather hurting Argentine crops attracted speculative buyers, analysts said.
2020 ended on a high note for soybeans as prices soared past $13, so will demand be enough to push prices even higher in the New Year? Dan Basse and Arlan Suderman explore 2021.
Here’s a look at what analysts are expecting for the upcoming growing season in 2021.