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Soybean Oil Pit Aug '23 (BOQ23)

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Soybean Oil (Pit) Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Soybean Oil (Pit) prices and Soybean Oil (Pit) futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Tue, Jun 2nd, 2026.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Soybean Oil (Pit) Historical Prices page.

Soybean Oil (Pit) Futures Market News and Commentary

Soybeans Falling Lower at Midday

Soybeans are trading with 6 to 12 ¼ cents in most contracts at midday. The cmdtyView national average Cash Bean price was down 3 3/4 cents at $11.21 1/4. Soymeal futures are up 30, with Soy Oil futures 65 to 70 points lower.

Weekly Crop Progress data indicated 87% of the US soybean crop planted by Sunday, 7% faster than normal. Emergence was 8 percentage points ahead of average at 65%. Crop ratings were released this week, showing 66% of the US soybean crop in good or excellent condition, down 1% from the same week last year and below the 68% estimate. That translates to a 369 on the Brugler500 index, a 3-year low, and the 4th lowest initial rating in the last 13 years.

The 7-day forecast from NOAA shows ½ inches across much of the Western Corn Belt, west of the Mississippi River. East of that line is looking at less than an inches of rainfall.

NASS Fats & Oils data showed soybean crush during April at 218.4 mbu, coming in 3.7 mbu above the average trade estimate.... Read more

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July NY world sugar #11 (SBN26 ) on Tuesday closed down -0.07 (-0.48%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -4.20 (-0.93%). Sugar prices...

Cocoa Prices Jump on El Niño Risks

July ICE NY cocoa (CCN26 ) on Tuesday closed up +213 (+5.47%), and July ICE London cocoa #7 (CAN26 ) closed up +163 (+5.50%). Cocoa prices surged on Tuesday...

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