Soybean Oil Jan '25 (ZLF25)
Soybean Oil Futures Market News and Commentary
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.Â
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.Â
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.Â
May 26 Soybeans  c... Read more
Sidwell Strategies · Sat Apr 25, 10:18AM CDT
EF4 Tornado hits our town of Enid, Oklahoma
Bull Strangle Newsletter · Sat Apr 25, 7:07AM CDT
Grain markets typically build into seasonal highs over the coming months, but this year’s rally has been accelerated by geopolitical disruption. With...
Best Weather Inc. · Fri Apr 24, 7:39PM CDT
Will this history repeat itself?
Barchart · Fri Apr 24, 5:22PM CDT
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...
Barchart · Fri Apr 24, 5:22PM CDT
The wheat complex was lower across the winter wheat contracts on Friday, with Spring wheat holding up. Chicago SRW futures were steady to 3 ½ cents lower...
Barchart · Fri Apr 24, 5:22PM CDT
Corn futures posted mixed trade, with contracts down ½ cent to 2 cents higher. Mar was up 6 ¼ cents on the week, with December up 7 ¼ cents. The CmdtyView...
Barchart · Sat Apr 25, 11:00AM CDT
Wedbush’s Dan Ives is bullish on Tesla despite its increasing CapEx.
Barchart · Sat Apr 25, 10:30AM CDT
Donald Trump's investment in Intel was timely, but can Intel solve its execution problem?
Barchart · Sat Apr 25, 10:00AM CDT
Following Sandisk’s inclusion in the Nasdaq-100 Index and a triple-digit move higher, is it time to sell the news?
Barchart · Sat Apr 25, 9:00AM CDT
Analysts at Roth Capital believe Tesla’s narrative is shifting. Right now, it’s SpaceX that’s commanding the spotlight.
Barchart · Sat Apr 25, 8:15AM CDT
Meta has tightened hiring and reduced its workforce while accelerating AI investments, prompting investors to weigh rising costs against future returns....
Barchart · Sat Apr 25, 8:00AM CDT
As Apple inches toward foldable iPhones, Barclays is turning to chipmakers like Skyworks Solutions and Qorvo, seeing an opportunity to buy these stocks...
Barchart · Sat Apr 25, 7:21AM CDT
News Corporation is set to report its third-quarter results next month, and analysts project a double-digit decline in earnings.
Barchart · Sat Apr 25, 7:19AM CDT
Dollar General is set to report its fiscal 2027 first-quarter results shortly, and analysts project a single-digit increase in its EPS.
