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Soybean Oil Jan '25 (ZLF25)

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Soybean Oil Futures Market News and Commentary

Soybeans Close with Modest Strength on Friday

Soybeans futures closed Friday with contracts steady to 4 cents higher, as May settled the week with a 3 ½ cent loss and November down ¾ cent. The cmdtyView national average Cash Bean price was up 4 3/4 cents at $11.02. Soymeal futures were up 40 cents to $3.70 in most front months, as May was $7.50 lower for the week. Soy Oil futures were up 19 to 93 points led by the deferred contracts, as May was up 375 points on since last Friday. 

Weekly CFTC data via the Commitment of Traders report indicated managed money adding 17,733 contracts to their net long position as of 4/21. That net long stood at 192,884 contracts on Tuesday in bean futures and options. Soybean oil pushed their net long to a record 165,444 contracts. 

USDA’s weekly Export Sales report from Thursday has total soybean commitments at 38.52 MMT, an 18% decline from the same week last year. That was also 92% of the USDA export number and 4 percentage points behind the 5-year average. 

May 26 Soybeans  c... Read more

Contract Specifications

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Contract
Soybean Oil
Contract Size
60,000 pounds
Tick Size
0.01 points ($6.00 per contract)
Trading Hours
7:00p.m. - 7:45a.m. and 8:30a.m. - 1:20p.m. (Settles 1:15p.m.) (Sun-Fri) CST
Exchange
CBOT
Point Value
$600
Margin/Maintenance
$2,310/2,100
First Notice Date
12/31/24
Expiration Date
01/14/25 (expired)

Seasonal Chart

Soybean Oil Jan '25
Average Price Chart for 5 Prior Jan Contracts

Commitment of Traders Positions as of Apr 21, 2026

View Chart Details
Commercials - Long / Short
317,537 (-2,301)
498,917 (+21,425)
Non-Commercials - Long / Short
224,348 (+27,865)
55,267 (+5,730)
Producers - Long / Short
205,346 (-5,617)
454,055 (+22,466)
Swap Dealers - Long / Short
84,514 (+3,349)
17,185 (-1,008)
Managed Money - Long / Short
190,794 (+21,213)
22,851 (+3,487)
Other Reportables - Long / Short
33,554 (+6,652)
32,416 (+2,243)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
39.07 +17.05%
on 12/26/24
45.73 unch
on 01/14/25
+3.12 (+7.32%)
since 12/13/24
3-Month
39.07 +17.05%
on 12/26/24
49.22 -7.09%
on 11/11/24
+3.77 (+8.98%)
since 10/14/24
52-Week
37.83 +20.88%
on 08/16/24
49.93 -8.41%
on 04/02/24
-1.76 (-3.71%)
since 01/12/24

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Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Average Signal Strength.

Key Turning Points

3rd Resistance Point 45.73
2nd Resistance Point 45.73
1st Resistance Point 45.73
Last Price 45.73s
1st Support Level 45.73
2nd Support Level 45.73
3rd Support Level 45.73

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52-Week High 49.93
Last Price 45.73s
Fibonacci 61.8% 45.31
Fibonacci 50% 43.88
Fibonacci 38.2% 42.45
52-Week Low 37.83

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