Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Less than $10/month! Screen on your Watchlists and Portfolios with Barchart Plus. FREE 30 Day Trial
Stocks | Futures | Watchlist | More
or

Soybean Meal Pit Mar '11 (SMH11)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [CBOT]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Soybean Meal (Pit) Futures Market News and Commentary

Soybeans Close Just Off Friday Highs

Soybeans powered into the close as contracts were within a few cents of the daily high at the final bell. Futures were up anywhere from 7 to 16 cents at the close. The weekly gains totaled 37 ¾ cents for July and 26 ¼ cents for new crop November. Soymeal continued the rally on the week with Friday gains of $4.30 to $9.40/ton across the board, and July up $27.50 for the week. Soy Oil bulls weren’t as lucky, with contracts down 11 to 19 points on Friday and taking the weekly loss to 246 points for July.

There were 146 deliveries vs. May meal overnight, all stopped by a Stonex client. Bean oil deliveries shrank to only 79 contracts, with a handful stopped by ADMIS.  There were 196 contracts issued against May soybeans, with ADM stopping 179 for the house account. 

USDA issued a flash sale announcement of 122,000 MT of soybeans sold to unknown destinations this morning. 

Weekly Commitment of Traders data showed managed money spec traders in soybean futures and option a... Read more

Contract Specifications

See More
Contract
Soybean Meal [Pit]
Contract Size
100 tons (2,000 pounds per ton)
Tick Size
10 cents per ton ($10.00 per contract)
Trading Hours
8:30a.m. - 1:15p.m. CST
Exchange
CBOT
Point Value
$100
Margin/Maintenance
$2,090/1,900
First Notice Date
02/28/11
Expiration Date
03/14/11 (expired)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
345.5 +1.19%
on 03/11/11
374.0 -6.52%
on 02/15/11
-25.9 (-6.90%)
since 02/14/11
3-Month
345.5 +1.19%
on 03/11/11
392.0 -10.82%
on 02/09/11
+5.0 (+1.45%)
since 12/14/10
52-Week
248.5 +40.68%
on 03/15/10
392.0 -10.82%
on 02/09/11
+101.1 (+40.68%)
since 03/12/10

More Soybean Meal (Pit) Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Long Soybean Oil Butterfly Spread and a Long Crude Oil Spread

Technically Soybean Oil looks broken, but several other indicators point to higher prices over the near term.

Wheat Holds Second Key Level, It Looks Like There Is More Upside To Come

Educational and Actionable information using Fibonacci & W.D. Gann analysis.

ZWN24 : 622-4s (+3.02%)
Month-end selling finds support across commodity markets

Fed FOMC holds rates steady again

How prevailing weak El Niño conditions are causing global crop concerns for corn and soybeans

Jim's video pinpoints crucial crop weather situations on four continents.

ZSN24 : 1215-0s (+1.33%)
SOYB : 25.55 (+0.99%)
ZCN24 : 460-2s (+0.11%)
CORN : 20.53 (+0.44%)
ZWN24 : 622-4s (+3.02%)
KEN24 : 650-2s (+2.16%)
WEAT : 5.87 (+2.98%)
Hogs and Cattle Struggle as they end Week Lower

Cash markets looking better but futures don't see the light

Pure Hedge - Livestock and Grain

A Little Water Never Hurts

Grain Spreads: Madness in Brazil

Destructive Rains Creating Havoc

Soybeans Close Just Off Friday Highs

Soybeans powered into the close as contracts were within a few cents of the daily high at the final bell. Futures were up anywhere from 7 to 16 cents at the close. The weekly gains totaled 37 ¾ cents...

ZMN24 : 372.2s (+2.00%)
ZLN24 : 43.08s (-0.37%)
ZSK24 : 1201-6s (+0.99%)
ZSPAUS.CM : 11.5597 (+1.42%)
ZSN24 : 1215-0s (+1.33%)
ZSX24 : 1201-0s (+1.12%)
ZSPX24US.CM : 11.3921 (+1.18%)
Wheat Rallies into Weekend

Wheat bulls were feeling better heading into the weekend, as Friday posted a round of strength. Chicago contracts were up 11 to 19 ¼ cents across the board, with May getting thin and July up just a tick...

ZWK24 : 606-0s (+3.32%)
ZWN24 : 622-4s (+3.02%)
KEK24 : 660-0s (+3.61%)
KEN24 : 650-2s (+2.16%)
MWK24 : 708-2s (unch)
Corn Bulls Hold on For Friday Gains

Corn held up despite the bears putting up a fight after the overnight strength. Futures closed with contracts up ½ to 3 ¼ cents, as in delivery May was down a nickel. July futures ended the week with...

ZCK24 : 447-0s (-1.11%)
ZCPAUS.CM : 4.3784 (unch)
ZCN24 : 460-2s (+0.11%)
ZCZ24 : 482-6s (+0.68%)
ZCPZ24US.CM : 4.5268 (+0.79%)

Key Turning Points

3rd Resistance Point N/A
2nd Resistance Point 351.9
1st Resistance Point 350.8
Last Price 349.6s
1st Support Level 347.3
2nd Support Level 344.9
3rd Support Level N/A

See More

52-Week High 392.0
Last Price 349.6s
Fibonacci 61.8% 337.2
Fibonacci 50% 320.3
Fibonacci 38.2% 303.3
52-Week Low 248.5

See More

Solutions for Grain Market Professionals barchart.com/cmdty
Commodity Price Reports
Get Free Access!
cmdtyView for Ag marketers and merchandisers
Start Free Trial
We help Agribusinesses make better decisions
Learn Now
Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar