Soybean Oil Aug '26 (ZLQ26)
Soybean Oil Futures Market News and Commentary
Soybeans are trading with contracts down 2 to 4 cents in the front months following early session weakness. There was just one delivery issued above May soybeans overnight. The cmdtyView national average Cash Bean price is down 3 3/4 cents at $11.23. Soymeal futures are up 70 cents in the front months, with Soy Oil futures down 40 to 45 points.
Export Sales data from this morning pegged 141,940 MT of old crop soybean sales in the week of 4/30 shy of trade ideas of 200,000-500,000 MT in 2025/26 soybean sales. That was a marketing year low and down 62.32% below the same week last year. New crop sales were tallied at 5,500 MT vs. trade ideas of 0-100,000 MT.
Soybean meal sales were seen at 335,749 MT, in a range of 150,000-450,000 MT. Bean oil bookings were tallied at just 954 MT, in the range of net reductions of 12,000 MT to net sales of 20,000 MT.
Brazil’s soybean exports are estimated by ANEC to total 14.53 MMT in May, a 0.35 MMT increase from their previous numbe... Read more
Barchart · 41 minutes ago
Corn futures are trading with 2 to 3 cent losses in the front months on Thursday, bouncing off early lows. There were 113 deliveries issued against May...
Barchart · 41 minutes ago
Soybeans are trading with contracts down 2 to 4 cents in the front months following early session weakness. There was just one delivery issued above May...
Barchart · 41 minutes ago
The wheat complex is trading with losses on Thursday. Chicago SRW futures are down 6 to 11 ¼ cents across the board on the midweek session. KC HRW futures...
Barchart · Thu May 7, 9:14AM CDT
July soft red winter wheat futures present a buying opportunity on more price strength.
Klarenbach Research · Thu May 7, 8:31AM CDT
Soybean markets show strong support at the 50-week MA. We analyze this technical squeeze for Canadian ag-economists and marketers.
Barchart · Thu May 7, 7:23AM CDT
Wheat is trading with Thursday morning losses across the three markets. The wheat complex posted losses across the three markets on Wednesday. Chicago...
Barchart · 3 minutes ago
A tug of war is on between the bulls and bears for Palantir stock, but it is still one of the biggest winners of the AI boom.
Barchart · 12 minutes ago
Boeing CEO Kelly Ortberg will reportedly join President Donald Trump on his upcoming diplomatic visit to China. Here’s what this news really means for...
Barchart · 14 minutes ago
This analysis explores the gap between official core CPI and real-world costs using the Big Mac as a constant. Hedonic adjustments create a statistical...
Barchart · 27 minutes ago
Shopify’s unusual options activity surged again on Wednesday for a second straight session. The e-commerce platform posted three of the day’s top 10...
Barchart · 29 minutes ago
Upstart stock dives as investors stand disappointed following weak earnings figures and revenue guidance.
Barchart · 36 minutes ago
In its latest news, Riot Platforms says it is investigating a partnership for nuclear-powered data centers.
Barchart · 41 minutes ago
Lean hog futures are showing steady trade on Thursday, with some contracts up a nickel. USDA’s national base hog price was not reported on Thursday morning...
Barchart · 41 minutes ago
Cotton price action is down 100 to 120 points so far on Thursday. The US dollar index is $0.010 lower at $97.865. Crude oil is back up 62 cents at midday....
