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 | News | More
or

Soybean Oil Jan '24 (ZLF24)

[[ 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 Post Double Digit Losses on Thursday Facing Product Pressure

Soybeans failed to get much upside reaction to either the export business or better than expected Export Sales report from early on Thursday. Futures closed with losses of 7 ½ to 14 cents on the day. CmdtyView’s national front month Cash Bean price was down 12 1/4 cents at $9.27. Product pressure continues to be a factor. Soymeal futures were down $1.40 to $1.90/ton, with Soy Oil futures down another 85 to 110 points.

Rains are expected to continue in most of Brazil in the next week, though some are on the lighter side of the normal amounts for this period. 

USDA reported a private export sale of 198,000 MT of soybeans to China this morning for 2024/25, with another 135,000 MT to unknown. There was also 133,000 MT of soybean meal reported to the Philippines. 

The weekly Export Sales report from this morning tallied soybean sales at 1.861 MMT for 2024/25. That exceeded the trade range of estimate of 1 to 1.6 MMT in the week of 11/14. That was up 19.6% from last week... 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
$1,870/1,700
First Notice Date
12/29/23
Expiration Date
01/12/24 (expired)

Seasonal Chart

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

Commitment of Traders Positions as of Nov 12, 2024

View Chart Details
Commercials - Long / Short
274,081 (+3,016)
384,964 (+27,799)
Non-Commercials - Long / Short
181,752 (+20,646)
84,527 (-41)
Producers - Long / Short
123,124 (+2,024)
344,204 (+23,282)
Swap Dealers - Long / Short
122,230 (-3,289)
12,033 (+236)
Managed Money - Long / Short
116,257 (+10,404)
43,287 (-1,389)
Other Reportables - Long / Short
65,495 (+10,242)
41,240 (+1,348)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
46.18 +3.40%
on 01/08/24
51.64 -7.53%
on 12/20/23
-2.67 (-5.30%)
since 12/12/23
3-Month
46.18 +3.40%
on 01/08/24
55.41 -13.82%
on 10/16/23
-5.01 (-9.50%)
since 10/12/23
52-Week
44.51 +7.28%
on 05/31/23
65.09 -26.64%
on 07/24/23
-12.91 (-21.28%)
since 01/12/23

More Soybean Oil Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Soybeans Post Double Digit Losses on Thursday Facing Product Pressure

Soybeans failed to get much upside reaction to either the export business or better than expected Export Sales report from early on Thursday. Futures closed with losses of 7 ½ to 14 cents on the day....

ZLF25 : 42.28s (-2.49%)
ZMF25 : 289.4s (-0.65%)
ZSPAUS.CM : 9.2711 (-1.28%)
ZSF25 : 977-6s (-1.29%)
ZSX24 : 985-6s (-1.84%)
ZSH25 : 985-2s (-1.40%)
Wheat Bulls Slip Up Amid Dollar Strength

The wheat complex was pressured lower on Thursday, with the US dollar index hitting a 1 year high, up 414 points. Chicago SRW futures were down 1 ½ to 3 3/4 cents across the board at the close. KC HRW...

KEH25 : 567-2s (-0.96%)
MWZ24 : 588-0s (-0.68%)
KEZ24 : 555-4s (-1.11%)
ZWZ24 : 548-6s (-0.68%)
ZWH25 : 569-4s (-0.48%)
Corn Closes with Weakness on Thursday

Corn posted Thursday losses at the close, with contracts down 3 ½ to 4 ½ cents across the board. Pressure mounted as the rest of the grains were lower and the US dollar index posted fresh 1 year highs....

ZCPAUS.CM : 4.0368 (-0.77%)
ZCZ24 : 426-6s (-0.81%)
ZCZ24 : 426-6s (-0.81%)
ZCH25 : 436-2s (-0.85%)
Recent Corn Rally Artificially Propped Up – What’s Next?

Corn prices appeared to have finally found a bottom from the summer sell-off. Speculators were short the market in record numbers until late August, when they began buying back contracts, convincing some...

ZCH25 : 436-2s (-0.85%)
CORN : 18.08 (-1.17%)
XNH25 : 436-2s (-0.85%)
Shootin' the Bull about a desire to own cattle

With a belief, not to be confused with fact, that a portion of the buying that has lifted the feeder cattle index, causing a flurry of activity in feeder cattle futures, is due to the desire to own cattle...

Corn Sliding at Midday, as Export Business as Expected

Corn is facing some midday pressure on Thursday as contracts are down 3 to 4 cents at midday. The national average Cash Corn price from cmdtyView was down 3 1/4 cents at $4.03 1/2 per bu. Export Sales...

ZCPAUS.CM : 4.0368 (-0.77%)
ZCZ24 : 426-6s (-0.81%)
ZCZ24 : 426-6s (-0.81%)
ZCH25 : 436-2s (-0.85%)
Wheat Heading Lower on Thursday Amid Dollar Pressure

The three wheat markets are heading lower so far on Thursday, with the US dollar index hitting a 1 year high. Chicago SRW futures are down 1 to 2 cents across the nearbys. KC HRW contracts are closing...

KEH25 : 567-2s (-0.96%)
MWZ24 : 588-0s (-0.68%)
KEZ24 : 555-4s (-1.11%)
ZWZ24 : 548-6s (-0.68%)
ZWH25 : 569-4s (-0.48%)
Soybeans Failing to Push Higher on Positive Export Data

Soybeans are failing to get much upside reaction to the export business announced this morning or the better than expected Export Sales report. Futures are down 12 to 14 cents at midday an near the intraday...

ZLF25 : 42.28s (-2.49%)
ZMF25 : 289.4s (-0.65%)
ZSPAUS.CM : 9.2711 (-1.28%)
ZSF25 : 977-6s (-1.29%)
ZSX24 : 985-6s (-1.84%)
ZSH25 : 985-2s (-1.40%)
Wheat Sticking to Higher Trade on Thursday Morning

Wheat is trading with gains across the three markets so far on Thursday morning. The complex continued to extend higher on Wednesday as the Black Sea tensions heightened, with all three markets closing...

KEH25 : 567-2s (-0.96%)
MWZ24 : 588-0s (-0.68%)
KEZ24 : 555-4s (-1.11%)
ZWZ24 : 548-6s (-0.68%)
ZWH25 : 569-4s (-0.48%)
Corn Slipping Lower Ahead of Export Sales Data

Corn futures are showing some slight losses to kick off the Thursday trade. The corn market rallied off early session lows on Wednesday, with contracts closing the day up 1 1/4 to 3 cents. Near record...

ZCPAUS.CM : 4.0368 (-0.77%)
ZCZ24 : 426-6s (-0.81%)
ZCZ24 : 426-6s (-0.81%)
ZCH25 : 436-2s (-0.85%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 47.75
2nd Resistance Point 47.75
1st Resistance Point 47.75
Last Price 47.75s
1st Support Level 47.75
2nd Support Level 47.75
3rd Support Level 47.75

See More

52-Week High 65.09
Fibonacci 61.8% 57.23
Fibonacci 50% 54.80
Fibonacci 38.2% 52.37
Last Price 47.75s
52-Week Low 44.51

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.
Use your up/down arrows to move through the symbols.

Free Barchart Webinar