---
title: CBOT
description: An acronym for Chicago Board of Trade. This market indicator is used as a component in the final pricing of commodity soybean and canola oil.
---

[Glossary of Bulk Oil Terms ](https://www.centrafoods.com/glossary)

# [CBOT](https://www.centrafoods.com/glossary/cbot)

 Written by [Alexa Ketterling](https://www.centrafoods.com/glossary/author/alexa-ketterling) | Aug 8, 2018 9:09:53 PM

An acronym for Chicago Board of Trade. Now run by the CME Group, this online market-tracking tool shows the [board](https://www.centrafoods.com/glossary/board) (or current market) for different commodities, including Soybean Oil. This market indicator is used as a component in the final pricing of commodity soybean and canola oil.

[View full post](https://www.centrafoods.com/glossary/cbot)

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