tradingkey.logo
tradingkey.logo

CBOT soybean futures firm on crude oil strength

ReutersMar 18, 2026 6:46 PM

- Chicago Board of Trade soybean futures rose on Wednesday as crude oil prices gave corn and soybeans a boost, and as money flowed toward commodities markets.

  • Analysts said soybeans had tied themselves to rising oil prices through renewable fuels. GRA/

  • Oil prices were up 5% on Wednesday after Iran's Revolutionary Guards threatened to attack several energy facilities across the Middle East, raising the risk of further disruptions to the region's energy supplies.

  • Higher than expected inflation numbers on Wednesday were also supportive, according to analysts, with money often flowing into the grain and oilseed sector when inflation expectations rise.

  • CBOT May soybeans SK26 settled 4-3/4 cents higher at $11.61-3/4 per bushel.

  • CBOT May soyoil BOK26 ended down 0.44 cents at 65.53 cents per pound.

  • CBOT May soymeal SMK26 rose $10.00 to finish at $321.70 per short ton.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey

Recommended Articles

Tradingkey
KeyAI