BO=F - Soybean Oil Mar 18

CBOT - CBOT Delayed Price. Currency in USX
32.00
-0.07 (-0.22%)
As of 1:59AM EST. Market open.
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Pre. SettlementN/A
Settlement Date2018-03-14
Open32.09
Bid31.99
Last Price32.07
Day's Range31.99 - 32.09
Volume827
Ask32.01
  • Daily Grains Analysis for February 13, 2018
    FX Empire9 days ago

    Daily Grains Analysis for February 13, 2018

    Grain prices moved higher on Monday and continued to consolidate at elevated levels on Tuesday. The CFTC reported that money managers cut their net short position in nearly all grains which led to a further short squeeze higher.  Concerns about dry weather in Argentina and the southern Plains helped spark the change, though a recent USDA report suggested to some that ample domestic supplies of wheat and soybeans would continue to weigh on prices. Corn prices closed on their highs Monday and are poised to test resistance.

  • Daily Grains Analysis for February 12, 2018
    FX Empire10 days ago

    Daily Grains Analysis for February 12, 2018

    Grain prices gained some traction on Monday following reports on Friday from the CFTC that said that hedge funds slashed their bets that soybean prices and corn. The CFTC reported that money managers cut their net short position in soybean futures and options by over 50% to a little under 10,000 contracts as of Tuesday February 6, 2018. China’s corn imports are expected to be higher this season due to a rising pip population and a reduction in sorghum following the government’s decision to investigate imports, says the China Ministry of Agriculture.

  • Reuters10 days ago

    VEGOILS-Market factors to watch Feb 12

    The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil futures rebounded from losses in its first half trading session, ...

  • Daily Grains Analysis for February 9, 2018
    FX Empire11 days ago

    Daily Grains Analysis for February 9, 2018

    Soybeans were trading under pressure following the USDA’s report that showed a likely increase in ending stocks due to a decrease in exports for the balance of the 2017/2018 season. The USDA raised its 2017/18 US soybean carryout forecast by 60 million bushels to 530 million its monthly supply and demand projections. The increase in USDA’s carryout was larger than market expectations, which projected an increase of just 16 million bushels.

  • Grains Price Analysis for February 8, 2018
    FX Empire14 days ago

    Grains Price Analysis for February 8, 2018

    While corn prices continue to rebound, forecasts of large production from Brazil appears to be weighing on soybean prices.

  • Reuters14 days ago

    Wheat prices retreat from six-month high ahead of USDA report

    Chicago wheat futures turned lower on Thursday, retreating from a six-month peak as a short-covering rally ran out of steam, while soybean and corn prices edged higher ahead of a U.S. Department of Agriculture report due later in the day. Dealers said the recent run-up in wheat prices had also been driven by U.S. crop concerns, though overall global supplies remained ample. The most activce Chicago Board of Trade wheat contract was 0.8 percent down at $4.57 a bushel at 1200 GMT, having earlier marked its highest since Aug. 8 at $4.64-1/2.

  • Daily Grains Analysis – Corn Breaks Higher Ahead of WASDE Report
    FX Empire15 days ago

    Daily Grains Analysis – Corn Breaks Higher Ahead of WASDE Report

    If the average is realized, it would represent a 16-million-bushel increase from USDA’s January projection of 470 million bushels. The anticipated increase in US ending stocks is likely being driven by a reduction in USDA’s projection of 2017/18 US soybean exports. USDA’s January projection of 2.16 billion bushels was reduced 65 million bushels from its December forecast, but slower-than-expected exports over the last month could push an additional reduction in its export forecast.

  • Daily Grains Analysis – Soybeans Rebound as Hedge Funds Cover Short Positions
    FX Empire16 days ago

    Daily Grains Analysis – Soybeans Rebound as Hedge Funds Cover Short Positions

    Grain prices initially moved lower but rebounded as the dollar gained back some of its gains. The latest USDA soybean export inspections came in ahead of analyst expectations, providing some relief after a weak open to the trading week, with corn about in-line and wheat shy of the average forecast. The 1.3M tons of beans was well ahead of even the most bullish forecast and helped halve earlier losses.Corn  Prices

  • Daily Grains Analysis – Corn and Soybeans Tumble as Risk Aversion Perpetuates
    FX Empire17 days ago

    Daily Grains Analysis – Corn and Soybeans Tumble as Risk Aversion Perpetuates

    Grain prices continued to drop in early North American trade on Monday as risk of perpetuated throughout the market. Equity prices are tumbling, and the dollar is gaining traction weighing on grain prices. Hedge funds continue to reverse short positions in futures and options, which was likely the catalyst for the rise.

  • Daily Grains Analysis – Corn and Soybeans Sag as Dollar Gain Traction
    FX Empire20 days ago

    Daily Grains Analysis – Corn and Soybeans Sag as Dollar Gain Traction

    Grain prices edged lower in early North American trade on Friday. Corn prices are now consolidated and forming a bull flag pattern which is a pause that eventually refreshes higher. Corn is hovering near the 50% Fibonacci retracement level that comes from the drop from the highs last July near 3.93, to the lows seen in September near 3.28, which comes in near 3.61.  Prices could retrace back to their breakout level which is a downward sloping trend line which was former resistance that is now support near 3.55 per bushel.

  • Reuters28 days ago

    VEGOILS-Market factors to watch January 25

    The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil futures rose over 1 percent in their second half of trading on ...

  • Reuterslast month

    ADM pursues big ag merger with grain trader Bunge - source

    CHICAGO/CALGARY, Alberta (Reuters) - Top U.S. grain merchant Archer Daniels Midland Co (ADM.N) has proposed a takeover of Bunge Ltd (BG.N), according to a person familiar with the approach, which could set up a bidding war with Swiss-based rival Glencore Plc (GLEN.L). Thin margins have squeezed core commodity trading operations, including those of ADM, Bunge, Cargill Inc [CARG.UL] and Louis Dreyfus Co [AKIRAU.UL], which together are known as the "ABCDs" and dominate the industry. Glencore last year sought a tie-up with Bunge in what was viewed as a start of a wave of mergers and acquisitions in the industry.

  • Reuterslast month

    Ahead of China's biggest celebration, palm oil demand seen lukewarm

    China's appetite for palm oil heading into the Lunar New Year holiday may be lower than expected as plentiful supplies of rival edible oils curb consumption ahead of its largest festive celebration, traders and analysts said. Palm oil traders had been counting on demand from China, the world's second-biggest palm oil buyer, to increase and support prices that have slumped 14 percent since November on rising stockpiles in No. 2 producer Malaysia.

  • Reuterslast month

    India's soymeal exports could fall a fifth as prices rally: dealers

    India's soymeal exports could fall by at least a fifth in 2017/18 from a year ago as a rally in local soybean prices and a firmer rupee make shipments from the south Asian country pricey for overseas buyers, industry officials said. Lower exports from India will help major growers like the United States, Argentina and Brazil increase sales of the animal feed to Asian buyers like Bangladesh, Vietnam and Japan. The price difference is huge between Indian and the U.S. or South American origin crop," Manoj Agrawal, managing director at exporter Maharashtra Oil Extractions Pvt Ltd told Reuters.

  • Reuters2 months ago

    VEGOILS-Market factors to watch December 26

    The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil edged up on Friday evening for its first gain in four sessions ...

  • Reuters3 months ago

    VEGOILS-Market factors to watch November 21

    The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil futures fell to their lowest in three months on Monday evening ...

  • Reuters3 months ago

    VEGOILS-Market factors to watch November 20

    The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil futures fell on Friday, in line for their sixth decline in seven ...

  • Reuters3 months ago

    VEGOILS-Market factors to watch November 9

    The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil futures jumped to a one week top on Wednesday evening, charting ...

  • Reuters4 months ago

    VEGOILS-Market factors to watch October 23

    The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil futures edged higher on Friday after two straight sessions of ...

  • Senators press Pruitt for concessions on biofuels mandate
    Associated Press4 months ago

    Senators press Pruitt for concessions on biofuels mandate

    The head of the Environmental Protection Agency is looking to make peace on biofuels standards with a group of senators from corn-growing states who could upend President Donald Trump's nominees for key ...

  • Reuters4 months ago

    VEGOILS-Market factors to watch October 13

    The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil futures on Thursday extended gains for a second session, buoyed ...

  • Reuters4 months ago

    VEGOILS-Market factors to watch October 9

    The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil futures traded higher on Friday ahead of the release of official ...

  • From hurricanes to floods: How extreme weather can wreak havoc with commodities markets
    The Telegraph5 months ago

    From hurricanes to floods: How extreme weather can wreak havoc with commodities markets

    From hurricanes to floods: How extreme weather can wreak havoc with commodities markets

  • Why extreme weather fuels commodity markets
    The Telegraph5 months ago

    Why extreme weather fuels commodity markets

    Why extreme weather fuels commodity markets

  • Reuters5 months ago

    VEGOILS-Market factors to watch October 2

    The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil futures fell on Friday, tracking losses in overnight soyoil prices ...