Soybean Oil Dec '25 (ZLZ25)
Soybean Oil Futures Market News and Commentary
Soybeans closed the Tuesday session with front months down 1 to 4 ¼ cents in the front months and fractionally to 1 ¼ cents higher in the deferreds. The cmdtyView national average Cash Bean price was down 1 1/4 cents at $11.15. Soymeal futures were down $0.40 to $1.50 across the front months, with Soy Oil futures up 50 to 112 points in the front months.Â
Crush margins remain firm and are at new all time highs, at 3.67 ¾ using the CBoT formula. D4 RIN values are over $1.90/gallon, the highest since late 2022.
The weekly Crop Progress report from NASS showed the US soybean crop at 23% planted by April 26, well above the 12% average pace for this time of year. Of the major 18 states reported notable fast pace planting was shown in IL (+18% vs. average), IN (+27%), MN (+9%), NE (+11%), and OH (+12%). Slower than average pace was reported in just IA (-2% vs. average), MI (-2%), and WI (-1%). National level emergence was at 8%, vs. 1% on average.
Planting progress should... Read more
Walsh Trading · Tue Apr 28, 7:28PM CDT
I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. Last week I wrote about the gap...
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Soybeans closed the Tuesday session with front months down 1 to 4 ¼ cents in the front months and fractionally to 1 ¼ cents higher in the deferreds....
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Soybeans closed the Tuesday session with front months down 1 to 4 ¼ cents in the front months and fractionally to 1 ¼ cents higher in the deferreds....
