Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.

Stocks | Futures | Watchlist | More
or

Soybean Oil Jan '22 (ZLF22)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [CBOT]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Soybean Oil Futures Market News and Commentary

Soybean Futures Pulled Higher by Soy Oil

Soybean futures are 2 to 3 cents higher to start the Thursday session, with meal lower but soy oil trying to extend Wednesday gains. Preliminary OI data suggests net new buying was the main driver for Wednesday’s soybean gains, rising 13,582 contracts on the day. Going home, soybeans were up 1.7 to 2.2%. March beans closed with 30 cent gains. Soymeal also bounced back from Tuesday’s shellacking with 1.67% to 2.1% gains in the front months. The $8.20/ton gain in March was still not enough to overcome all of the Tuesday drop. Soybean oil futures rallied triple digits to close 2.72% to 2.84% stronger. 

USDA’s Ag Attaché reduced their Brazilian soy crop estimate to 136 MMT on a 3.391 MT/HA yield. USDA’s official WASDE forecast last week was for 139 MMT and 3.44 MT/HA. The attaché cited heavy rains for flooding and disease in Mato Grosso as the main rationale for the yield cut. Record soybean production is still seen for that state. Unlike the WAOB’s official Jan forecast, Post saw... Read more

Contract Specifications

See More
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
$2,365/2,150
First Notice Date
12/31/21
Expiration Date
01/14/22 (expired)

Seasonal Chart

Soybean Oil Jan '22
Average Price Chart for 5 Prior Jan Contracts

Commitment of Traders Positions as of Jan 11, 2022

View Chart Details
Commercials - Long / Short
194,746 (-5,677)
253,887 (-2,370)
Non-Commercials - Long / Short
95,095 (+1,162)
45,178 (+959)
Producers - Long / Short
91,416 (-3,217)
240,011 (-2,463)
Swap Dealers - Long / Short
96,290 (-2,767)
6,836 (-214)
Managed Money - Long / Short
72,436 (+2,277)
19,717 (+698)
Other Reportables - Long / Short
22,659 (-1,115)
25,461 (+261)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
51.00 +14.02%
on 12/15/21
59.50 -2.27%
on 01/05/22
+5.91 (+11.31%)
since 12/14/21
3-Month
51.00 +14.02%
on 12/15/21
64.31 -9.58%
on 10/21/21
-2.16 (-3.58%)
since 10/14/21
52-Week
37.44 +55.32%
on 01/20/21
65.92 -11.79%
on 06/08/21
+18.65 (+47.22%)
since 01/14/21

More Soybean Oil Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Nemenoff Report 01/20/2022

Financials:  March Bonds are 5 lower at 154’12, down 1’26 for the week. 10 Year Notes 2 higher at 127’23, down 0’26 for the week and the 5 Year Note unchanged overnight at 113’06.5. Over the...

Top Farmer Midday Update

TFM Cash+ Take the Stress Out of Your Marketing Strategy. No hedge account. No margin calls. Just comprehensive, common-sense guidance at a great value. Learn more: https://www.totalfarmmarketing.com/tfm-cash-plus/...

Economy Bleak With No End In Sight. The Corn & Ethanol Report 01/20/2022

We kickoff the day with Initial Jobless Claims (15/Jan), Jobless Claims 4-Week Average (15/Jan), Philadelphia Fed Manufacturing Index (Jan), Philly Fed Business Conditions (Jan), Philly Fed Capex Index...

Corn Backs Off After Big Wednesday Rally

After the sharp gains on Wednesday, Thursday’s corn market has a little light profit taking, down 2 to 3 cents overnight. Preliminary OI data suggests the 10 3/4 to 11 cent gains yesterday was net new...

ZCH22 : 612-6 (+0.37%)
ZCPAUS.CM : 5.9917 (+0.35%)
ZCK22 : 612-2 (+0.20%)
ZCZ21 : 588-6s (+0.77%)
ZCPZ21US.CM : 5.7930 (-0.49%)
Soybean Futures Pulled Higher by Soy Oil

Soybean futures are 2 to 3 cents higher to start the Thursday session, with meal lower but soy oil trying to extend Wednesday gains. Preliminary OI data suggests net new buying was the main driver for...

ZSH22 : 1425-2 (+2.44%)
ZSPAUS.CM : 13.8210 (+2.52%)
ZSK22 : 1433-6 (+2.36%)
ZSX22 : 1323-6 (+1.48%)
ZSPX21US.CM : 12.3270 (+1.90%)
Wheat Futures Steady in MPLS, Down in Chicago and KC Contracts

Wheat futures faded their Wednesday gains overnight and are trading steady to 6 cents lower this morning. Chicago prices were up 3.3% to 3.75% on Wednesday, which left the May contract a penny under the...

ZWH22 : 794-0 (-0.31%)
ZWPAES.CM : 7.5345 (-0.35%)
KEH22 : 801-0 (+0.13%)
KEPAWS.CM : 7.8265 (+0.13%)
MWH22 : 947-6 (+0.85%)
Morning Comments; Thursday, January 20th, 2022

Futures Consolidate

TFM Sunrise Update Jan 20, 2021

CORN Corn futures were off 2 to 3 cents overnight in light volume. March corn is down 2-1/4 cents to 6.09-1/4 within a 3 cent range between 6.10-3/4 and 6.07-3/4. overnight. Dec corn is down 1-3/ 4 cents...

Corn Closed Double Digits Higher

Corn prices rallied on Wednesday ending the session back above the $6 mark. For old crop, the session ended 10 3/4 to 11 cents in the black but went home 4 cents off the highs. New crop prices closed 7...

ZCH22 : 612-6 (+0.37%)
ZCPAUS.CM : 5.9917 (+0.35%)
ZCK22 : 612-2 (+0.20%)
ZCZ21 : 588-6s (+0.77%)
ZCPZ21US.CM : 5.7930 (-0.49%)
Thirty Cent Gains for Beans

The double digit bounce back for Wobble Wednesday ended with beans 1.74% to 2.2% in the black. March beans closed with 30 cent gains. Soymeal also bounced back with 1.67% to 2.1% gains in the front months....

CSH22 : 149-4 (-2.45%)
ZSH22 : 1425-2 (+2.44%)
ZSPAUS.CM : 13.8210 (+2.52%)
ZSK22 : 1433-6 (+2.36%)
ZSX21 : 1234-0s (+1.79%)
ZSPX21US.CM : 12.3270 (+1.90%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 58.25
2nd Resistance Point 58.23
1st Resistance Point 58.19
Last Price 58.15s
1st Support Level 58.13
2nd Support Level 58.11
3rd Support Level 58.07

See More

52-Week High 65.92
Last Price 58.15s
Fibonacci 61.8% 55.04
Fibonacci 50% 51.68
Fibonacci 38.2% 48.32
52-Week Low 37.44

See More

by Barchart
Solutions for Grain Market Professionals barchart.com/cmdty
Commodity Price Reports
Get Free Access!
cmdtyView for Ag marketers and merchandisers
Start Free Trial
We help Agribusinesses make better decisions
Learn Now

Barchart Futures Commentary

Barchart Futures is a twice weekly newsletter that features a selection of the latest and best commodities commentary appearing on Barchart.com. Delivered every Wednesday and Friday morning to your inbox.

Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar