Soybean Oil Futures (CBOT ZL)

Chicago Board of Trade · January 2027 contract · Priced in U.S. cents per pound

Contract Overview

68.73 ¢/lb +1.31% (+0.89) Today
Sep 29, 12:01 PM UTC-5
Price performance
Open 67.85
Day's range 67.69 – 68.99
Volume 21.57K
Prev. settlement 67.84
30-day range 66.86 – 72.99
Open interest 87.55K
Bid 68.73
Ask 68.74
Expires Jan 14, 2027

CBOT · Delayed 10 min · Updated 14 min ago · Market open · closes 13:20 CT

Price Performance

January 2027 · ZLF27

Returns

1 week +0.8% +0.8% 1 week +0.54 from 68.19 on Sep 22
1 month −3.2% −3.2% 1 month −2.26 from 70.99 on Aug 28
3 months +5.5% +5.5% 3 months +3.60 from 65.13 on Jun 30
6 months +6.8% +6.8% 6 months +4.35 from 64.38 on Mar 30
Year to date +40.0% +40.0% year to date +19.64 from 49.09 on Dec 31, 2025
1 year +37.4% +37.4% 1 year +18.70 from 50.03 on Sep 26, 2025
  • 52-week high 73.40 Jun 3 · price 6.4% below
  • 52-week low 49.04 Dec 19, 2025 · price 40.2% above
  • 20-session high 72.60 Sep 1 · price 5.3% below
  • 20-session low 67.82 Sep 24 · price 1.3% above
Show more

Exports

Week ending Sep 17 · 2025/26
  • Sold this season 377K t 66% behind last year's pace
  • Shipped so far 365K t 97% of sales · 82% of USDA's estimate

Farmbucks members get the season's top buyers and the week's sales and shipments. Get Started for Free

USDA Export Sales Report for the week ending Sep 17, released Sep 24; the next one is out Oct 1 at 8:30 am ET. Season forecast: WASDE, Sep 2026.

Show more

Commitments of Traders

Tuesday, Sep 22

Net positions

FundsManaged money +96.6K +96.6K net long Managed money · Sold 14.3K on the week · net long for 35 weeks
CommercialsProducers and merchants −211K −211K net short Producers and merchants · Long 175K · short 387K · net +13.1K on the week
  • Funds on the week Sold 14.3K Net long for 35 weeks
  • Open interest 695K Down 3.7K on the week · 333 traders

Funds are hedge funds and other money managers (managed money). Commercials are the hedgers: farmers, elevators, processors and exporters (producers and merchants). Net is longs less shorts, in contracts of 60,000 pounds, as of Tuesday’s close.

Show more

Futures chain

ZLV26 Oct 2026 67.89 ¢/lb +0.78 +1.16%
ZLZ26 Dec 2026 68.54 ¢/lb +0.88 +1.30%
ZLF27 Jan 2027 68.73 ¢/lb +0.89 +1.31%
ZLH27 Mar 2027 68.92 ¢/lb +0.89 +1.31%
ZLK27 May 2027 69.08 ¢/lb +0.86 +1.26%
ZLN27 Jul 2027 69.07 ¢/lb +0.82 +1.20%
ZLQ27 Aug 2027 68.59 ¢/lb +0.74 +1.09%
ZLU27 Sep 2027 68.08 ¢/lb +0.68 +1.01%
ZLV27 Oct 2027 67.52 ¢/lb +0.66 +0.99%
ZLZ27 Dec 2027 67.32 ¢/lb +0.71 +1.07%
ZLF28 Jan 2028 66.45 ¢/lb 0.00 0.00%
ZLH28 Mar 2028 66.12 ¢/lb 0.00 0.00%
ZLK28 May 2028 65.81 ¢/lb 0.00 0.00%
ZLN28 Jul 2028 65.53 ¢/lb 0.00 0.00%
ZLQ28 Aug 2028 64.99 ¢/lb 0.00 0.00%
ZLU28 Sep 2028 64.45 ¢/lb 0.00 0.00%
ZLV28 Oct 2028 64.03 ¢/lb 0.00 0.00%
ZLZ28 Dec 2028 63.77 ¢/lb 0.00 0.00%
ZLN29 Jul 2029 63.84 ¢/lb 0.00 0.00%
ZLV29 Oct 2029 63.83 ¢/lb 0.00 0.00%

News Stories

Brownfield Ag NewsBrownfield Ag News•Sep 29 China’s 10 percent tariff continues to weigh on U.S. soybean trade
Brownfield Ag NewsBrownfield Ag News•Sep 29 Fair, seasonal weather covers most of the eastern Corn Belt; beneficial showers expand on much of the Plains
World Grain•Sep 29 US-China tariff cuts exclude soybeans
BarchartBarchart•Sep 29 Corn, Wheat, and Soybean Prices Face a Wet Blanket as Heavy Rains Disrupt Crops
Brownfield Ag NewsBrownfield Ag News•Sep 29 Drought devastates soybean yields in central Kansas
Farm ProgressFarm Progress•Sep 29 A primary driver of food inflation isn’t food at all
Show more

Contract Specifications

Contract January 2027 · ZLF27
Exchange Chicago Board of Trade · ZL
Contract size 60,000 pounds
Tick size 0.01¢ per pound · $6.00 per contract
Value of a 1¢ move $600 per contract
Contract months Jan, Mar, May, Jul, Aug, Sep, Oct, Dec (F, H, K, N, Q, U, V, Z)
Trading hours 7:00 pm – 7:45 am and 8:30 am – 1:20 pm CT, Sun–Fri
Settlement Physical delivery
DISCLAIMER: The grain price information provided on Farmbucks.com is for informational purposes only and is subject to change at any time. Prices are sourced from participating grain companies, verified farmer reports and our trusted partners such as Barchart and DTN. While we work to ensure accuracy, discrepancies may occur between the prices listed on this website and those provided by grain buyers. Users are responsible for contacting the purchaser directly to confirm current prices and selling instructions. Farmbucks does not guarantee the accuracy, completeness, or timeliness of the prices displayed and assumes no liability for decisions made based on this information.

Futures Market Data: Futures price data on Farmbucks is provided by DTN, CME Group, and ICE. This data is for informational purposes only and may be subject to delays or inaccuracies. Please consult official exchange sources or your broker for trading decisions.

Questions or Feedback: For any additional information, questions, or feedback, please visit our Contact Us page. We're here to help.