# Soybean oil prices spark steep rally in May Soybean futures.  - CME Group

> Soybeans closed mixed on March 26, with nearby contracts slightly lower and some new-crop months higher. Soymeal fell while soyoil rose, and traders awaited weekly export sales and the March 31 Grain Stocks report. ANEC estimated Brazil's March soybean exports at 15.56 MMT.

- Date: 2025-03-27 · published 2025-03-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/25617-soybean-oil-prices-spark-steep-rally-in-may-soybean-futures-cme-group
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Routine price moves with no new cause; Brazil's large expected March exports are a modest bearish factor for US export competitiveness.

## Read by commodity

- SBM: neutral
- SBO: neutral
- SOY: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBO | 2025-03-31 | 5 | +7.5% | 2.8 | CME commentary describes a steep soyoil-led rally in the days before March 31, directly reflecting the price move through biofuel-driven demand sentiment. |
| SBO | 2025-03-31 | 1 | +5.3% | 4.7 | Soyoil was already rallying strongly in late March, with soyoil rising on March 26 while meal fell, showing momentum and biofuel-driven strength heading into the March 31 move. |

## Sources

- cmegroup.com: https://www.cmegroup.com/videos/2025/03/27/soybean-oil-prices-spark-steep-rally-in-may-soybean-futures-3-2.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.