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.
Join Barchart Premier for advanced OPTIONS screeners and volatility tools. FREE 30 Day Trial
Stocks | Futures | Watchlist | More
or

Soybean Oil Jul '24 (ZLN24)

[[ 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

Soybeans Heading Lower on Turnaround Tuesday

Soybeans are posting 7 to 12 cent lower trade on Tuesday morning. They ended the Monday session with gains of 6 ½ to 20 cents across the board, led by the front months. Soymeal futures saw $1.30 to $5.30/ton gains across most contracts. Soy Oil helped the product value by rallying 71 to 105 points across the board. 

The US soybean crop was 52% planted as of May 19, a 17% point move over the last week. That is now 3% above the 5-year average but lags the 61% pace from last year. NASS also reported 26% of the crop emerged, 5% above the normal pace.

Export Inspections data from Monday morning showed just 184,128 MT of soybeans shipped during the week that ended on May 16, less than half of last week and a MY low. That was still up 8.3% from the same week last year. Destinations were spread out, with 58,966 MT headed to Japan, 32,831 MT to Mexico, and 24,091 MT to Indonesia. The marketing year to date inspections are now 39.75 MMT, a 17.6% drop from last year. 

Chinese... 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
$1,980/1,800
First Notice Date
06/28/24 (38 days)
Expiration Date
07/12/24 (52 days)

Seasonal Chart

Soybean Oil Jul '24
Average Price Chart for 5 Prior Jul Contracts

Commitment of Traders Positions as of May 14, 2024

View Chart Details
Commercials - Long / Short
288,450 (-4,616)
241,269 (-1,446)
Non-Commercials - Long / Short
109,303 (-4,394)
159,835 (-5,415)
Producers - Long / Short
144,461 (-2,731)
226,550 (-1,941)
Swap Dealers - Long / Short
131,932 (-2,935)
2,662 (-555)
Managed Money - Long / Short
65,468 (-4,603)
124,216 (-8,315)
Other Reportables - Long / Short
43,835 (+209)
35,619 (+2,900)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
42.53 +7.05%
on 05/09/24
46.62 -2.34%
on 05/20/24
+0.59 (+1.31%)
since 04/19/24
3-Month
42.53 +7.05%
on 05/09/24
50.29 -9.47%
on 03/18/24
-0.20 (-0.44%)
since 02/21/24
52-Week
42.53 +7.05%
on 05/09/24
63.54 -28.34%
on 07/24/23
-1.25 (-2.67%)
since 05/19/23

More Soybean Oil Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Soybeans Heading Lower on Turnaround Tuesday

Soybeans are posting 7 to 12 cent lower trade on Tuesday morning. They ended the Monday session with gains of 6 ½ to 20 cents across the board, led by the front months. Soymeal futures saw $1.30 to $5.30/ton...

ZMN24 : 374.0 (-0.03%)
ZLN24 : 45.54 (-1.68%)
ZSN24 : 1238-0 (-0.80%)
ZSPAUS.CM : 11.7655 (-0.83%)
ZSQ24 : 1234-2 (-0.70%)
ZSX24 : 1210-4 (-0.51%)
ZSPX24US.CM : 11.4885 (-0.54%)
Corn Pulling Back to Start Tuesday After USDA Confirms Planting Catching Up

Corn prices are trading 2 to 4 cents lower this Tuesday morning. Futures were rallying out of the 8:30 am CDT gate on Monday morning, with strength across the wheat complex helping out. Corn posted gains...

ZCN24 : 457-6 (-0.60%)
ZCPAUS.CM : 4.3396 (-0.63%)
ZCU24 : 468-6 (-0.48%)
ZCZ24 : 482-4 (-0.36%)
ZCPZ24US.CM : 4.5261 (-0.39%)
Wheat Dipping Back Lower

The wheat complex is trading sightly lower this morning after starting off the week with a huge Monday rally. Chicago contracts closed the Monday session with 16 ½ to 37 ½ cent gains. Kansas City futures...

ZWN24 : 686-6 (-0.29%)
ZWU24 : 705-6 (-0.42%)
KEN24 : 693-6 (-0.43%)
KEU24 : 708-6 (-0.28%)
MWN24 : 734-6 (-0.61%)
Wheat Is Holding 23.6%, Hogs Hit 61.8% Target

You only have to look at the chart below to see how well the market adheres to the Fibonacci retracements.

ZWN24 : 686-6 (-0.29%)
HEM24 : 96.925s (+0.44%)
Corn Rallies on Monday, Planting Pace Catches Up

Corn futures were rallying out of the 8:30 am CDT gates this morning, with strength across the wheat helping out. Contracts closed with gains of 2 to 8 ½ cents across the board. The Monday afternoon...

ZCN24 : 457-6 (-0.60%)
ZCPAUS.CM : 4.3396 (-0.63%)
ZCU24 : 468-6 (-0.48%)
ZCZ24 : 482-4 (-0.36%)
ZCPZ24US.CM : 4.5261 (-0.39%)
Soybeans Post Double Digit Gains, Planting Pace Moving Along

Soybeans ended the Monday session with gains of 6 ½ to 20 cents across the board, led by the front months. Soymeal futures saw $1.30 to $5.30/ton gains across most contracts. Soy Oil helped the product...

ZMN24 : 374.0 (-0.03%)
ZLN24 : 45.54 (-1.68%)
ZSN24 : 1238-0 (-0.80%)
ZSPAUS.CM : 11.7655 (-0.83%)
ZSQ24 : 1234-2 (-0.70%)
ZSX24 : 1210-4 (-0.51%)
ZSPX24US.CM : 11.4885 (-0.54%)
Wheat Rallies on Weather Risks to Start Week

The wheat complex started off the week with a rally. Chicago contracts closed the Monday session with 16 ½ to 37 ½ cent gains. Kansas City futures were in rally mode, as gains of 18 ¾ to 35 ¼ cents...

ZWN24 : 686-6 (-0.29%)
ZWU24 : 705-6 (-0.42%)
KEN24 : 693-6 (-0.43%)
KEU24 : 708-6 (-0.28%)
MWN24 : 734-6 (-0.61%)
Hogs Make New Low

Hogs make new low but end day higher

Shootin' the Bull about further rationing

Rationing was stepped up last week as packers cut the slaughter pace again, sending boxes to over $314.00 as of mid-day today.  Rationing will continue until more cattle are made available to produce...

Crop Progress

Crop Progress - 2024-05-20

ZSN24 : 1238-0 (-0.80%)
ZSPAUS.CM : 11.7655 (-0.83%)
ZSBAUS.CM : -0.6144 (+0.16%)
ZSDAUS-BIW.CM : 4,506,573 (unch)
ZSYAUS-BIW.CM : 52.03 (unch)
XSU24 : 4,138s (+0.32%)
XTN24 : 4,661s (+0.34%)
ZCN24 : 457-6 (-0.60%)
ZCPAUS.CM : 4.3396 (-0.63%)
ZCBAUS.CM : -0.2379 (-0.13%)
XVN24 : 2,455s (-0.37%)
XEU24 : 62.82 (-0.32%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 48.31
2nd Resistance Point 47.47
1st Resistance Point 46.89
Last Price 45.54
1st Support Level 45.47
2nd Support Level 44.63
3rd Support Level 44.05

See More

52-Week High 63.54
Fibonacci 61.8% 55.51
Fibonacci 50% 53.03
Fibonacci 38.2% 50.56
Last Price 45.54
52-Week Low 42.53

See More

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
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