Soybean Oil Jul '25 (ZLN25)
Soybean Oil Futures Market News and Commentary
Soybeans are trading with strength of 8 to 10 cents so far on Friday morning. Futures posted mixed trade on Thursday, with contracts closing anywhere from 3 ½ cents higher to 2 3/4 ents lower across the board. The cmdtyView national average Cash Bean price is up 4 1/2 cents at $11.45 1/4. Soymeal futures were down 90 cents to $2.40 on the day, with Soy Oil down 4 to 37 points. There were 138 deliveries against August soybeans overnight, with 10 deliveries for August bean oil and 1 for meal.
USDA reported a private export sale of 125,000 MT of soybeans to China on Thursday morning for 2026/27 shipment.
Weekly Export Sales data was out on Thursday, with a total of just 75,119 MT in old crop sales, during the week of August 6. New crop sales were tallied at 1.76 MMT, which was the second largest for the marketing year and more than triple the same week last year. China was the top buyer of 1.446 MMT, with 272,000 MT sold to unknown destinations.
Soybean meal sales wer... Read more
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