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.
or
Menu

Soybean Meal Mar '18 (ZMH18)

Get Real-Time Futures
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [CBOT]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ fieldTitles[key] ]] [[ value ]] [[ value ]]

Soybean Meal Futures Market News and Commentary


Soybean futures closed Friday with 6 to 7 1/4 cent gains in the front months, as Jan was 2.46% higher on the week. Nearby soy meal was down 90 cents/ton, with soy oil 3 points higher. Friday morning’s delayed export sales report showed that 890,932 MT of 18/19 soybeans were sold in the week of 11/29, with 4,095 MT for 19/20. Old crop sales (on the top end of estimates) were 41.7% larger than the week prior but still lagging the same week in 2017 by 54.2%. Bean shipments were reported at 1.252 MMT for the last full week of November, 22.3% larger than the prior week but still behind year ago. Soy meal sales were tallied at 287,250 MT, with bean oil at 21,048 MT. Brazilian production is estimated in trade surveys to be updated to 120.88 MMT by the USDA on Tuesday, with Argentina at 55.72 MMT. BAGE put the Argentina soybean planting 54% done, behind the 58.4% normal pace.Jan 19 Soybeans closed at $9.16 3/4, up 7 1/4 cents,Mar 19 Soybeans closed at $9.29, up 7 cents,May 19 Soybeans closed at $9.41 3/4, up 7 1/4 cents,Aug 19 Soybeans closed at $9.57, up 6 3/4 cents,Dec 18 Soybean Meal closed at $309.10, down $0.90,Dec 18 Soybean Oil closed at $28.50, up $0.03--provided by Brugler Marketing & Management

Contract Specifications

See More
Contract
Soybean Meal
Contract Size
100 tons (2,000 pounds per ton)
Tick Size
10 cents per ton ($10.00 per contract)
Trading Hours
7:00p.m. - 7:45a.m. and 8:30a.m. - 1:20p.m. (Sun-Fri) CST
Exchange
CBOT
Point Value
$100
Margin/Maintenance
$1,595/1,450
First Notice Date
02/28/18
Expiration Date
03/14/18 (expired)

Seasonal Chart

Soybean Meal Mar '18
Average Price Chart for 5 Prior Mar Contracts

Commitment of Traders Positions as of Nov 27, 2018

View Chart Details
Commercials - Long / Short
242,291 (-4,504)
286,082 (-18,817)
Non-Commercials - Long / Short
88,554 (-10,856)
61,794 (+1,525)
Producers - Long / Short
140,715 (-3,473)
246,172 (-21,180)
Swap Dealers - Long / Short
70,565 (-1,237)
8,899 (+2,157)
Managed Money - Long / Short
49,591 (-3,680)
56,475 (+4,428)
Other Reportables - Long / Short
38,963 (-7,176)
5,319 (-2,903)
Get Realtime - Quotes and Charts for Futures Traders. Learn More

Price Performance

See More
Period Period Low Period High Performance
1-Month
368.3 unch
on 03/14/18
399.7 -7.86%
on 03/02/18
-1.6 (-0.43%)
since 02/14/18
3-Month
310.3 +18.69%
on 01/12/18
399.7 -7.86%
on 03/02/18
+42.7 (+13.11%)
since 12/14/17
52-Week
298.4 +23.42%
on 06/23/17
399.7 -7.86%
on 03/02/18
+42.7 (+13.11%)
since 03/14/17

More Soybean Meal Quotes

All Futures
Please wait...

Most Recent Stories

More News
Weekend Wrap Up

What to expect from this weeks grain and livestock trade.

March Wheat Futures Manifesting Upside Breakout

Downtrend Off August High Technically Ends

Corn (ZC) Testing 4 Month Triangle Resistance

Corn (ZC) edged higher yesterday, closing the week at triangle resistance (on the daily chart). Significantly, ZC has decisively broken above a downtrend/descending wedge resistance (on the weekly chart)...

Soybeans Market Commentary

Soybean futures closed Friday with 6 to 7 1/4 cent gains in the front months, as Jan was 2.46% higher on the week. Nearby soy meal was down 90 cents/ton, with soy oil 3 points higher. Friday morning’s...

Wheat Market Commentary

Wheat futures posted sharp 10 to 16 1/2 cent gains on Friday, with bulls running on good export sales data. March was 3.01% higher on the week in CBT, with KC up 2.35% and MPLS gaining 1%. The USDA reported...

Corn Market Commentary

Corn futures saw 1 to 3 cent gains in most contracts on Friday, boosted by strong export sales data. Dec was up 2.05% on the week. This morning’s delayed weekly Export Sales update indicated that...

Grain Spreads: Wheat Demand

Sales Best Expectations

Silver Alert!

It is only the 2nd silver suggestion since April!

Corn Market Commentary

Corn futures are trading 2 to 3 cents higher at midday, boosted by decent export sales data. This morning’s delayed weekly Export Sales update indicated that 1.177 MMT corn was purchased in the...

Soybeans Market Commentary

Soybean futures are up 6 to 6 3/4 cents in the front months on Friday. Nearby soy meal is up 30 cents/ton, with soy oil a point higher. Friday morning’s delayed export sales report showed that 890,932...

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 32% Buy with a Weakest short term outlook on maintaining the current direction.

Longer term, the trend strength is Average. Long term indicators fully support a continuation of the trend.

See More Share

Key Turning Points

2nd Resistance Point 378.7
1st Resistance Point 373.5
Last Price 368.3s
1st Support Level 365.7
2nd Support Level 363.1

See More

52-Week High 399.7
Last Price 368.3s
Fibonacci 61.8% 361.0
Fibonacci 50% 349.0
Fibonacci 38.2% 337.1
52-Week Low 298.4

See More

InsideFutures Commentary

InsideFutures is a twice weekly newsletter that features a selection of the latest and best commodities commentary appearing on Barchart.com. Delivered every Wednesday and Friday morning to your inbox.

Add Data Columns to this Table
Learn about our Custom Views
Want to use this as
your default charts setting?
Learn about our Custom Templates
Switch the Market flag
above for targeted data.
Open the menu and switch the
Market flag for targeted data.
Get Streaming Chart Updates
Switch your Site Preferences
to Interactive Chart
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar