# CBOT soybean oil futures volatility surged in June - UkrAgroConsult

> CBOT soybean oil futures were more volatile in June than any other month this year, reaching a record high of 73.74 cents/lb on June 7 before falling sharply after reports of possible biofuel blending cuts. South American FOB trading slowed as traders took cautious positions.

- Date: 2021-07-02 · published 2021-07-02T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/46145-cbot-soybean-oil-futures-volatility-surged-in-june-ukragroconsult
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Heightened futures volatility and policy uncertainty around biofuel blending have made South American soyoil trade cautious, affecting export pricing and availability.

## Read by commodity

- SBO: neutral

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/cbot-soybean-oil-futures-volatility-surged-in-june/

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