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Soybean May '25 (ZSK25)

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Soybean Futures Market News and Commentary

Soybeans Pushed Lower Following Bearish NOPA Data

Soybeans slipped into the close, as contracts settled with losses of a penny to 4 ¾ cents after NOPA reported an ugly April crush number. Soymeal futures were down $1.60 to $2.70/ton at the close. Soy Oil was up 12 to 24 points as tighter NOPA stocks were reported.

The Wednesday morning NOPA report showed just 166.03 mbu of soybeans crushed during April, a sharp 15.46% from March and well below the 183 mbu estimate heading in. That was also down 4.16% from a year ago and a 3-year low for April crush. Soybean oil stocks dropped to 1.75 billion lbs, down 5.2% from the end of March. 

USDA reported a private export sale of 180,000 MT of soybeans to unknown destinations on Wednesday morning, with 120,000 MT for old crop and 60,000 MT for new crop. Ahead of the Thursday morning Export Sales release, the trade estimates soybean sales for 23/24 at 300,000-550,000 MT, with new crop at 0-100,000 MT. Soybean meal sales are expected in a range of 100,000-575,000 MT in the week of 5/... Read more

Contract Specifications

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Contract
Soybean
Contract Size
5,000 bushels
Tick Size
1/4 cent per bushel ($12.50 per contract)
Trading Hours
7:00p.m. - 7:45a.m. and 8:30a.m. - 1:20p.m. (Settles 1:15p.m.) (Sun-Fri) CST
Exchange
CBOT
Point Value
$50
Margin/Maintenance
$2,640/2,400
First Notice Date
04/30/25 (349 days)
Expiration Date
05/14/25 (363 days)

Seasonal Chart

Soybean May '25
Average Price Chart for 5 Prior May Contracts

Commitment of Traders Positions as of May 7, 2024

View Chart Details
Commercials - Long / Short
426,277 (-21,528)
351,954 (+72,825)
Non-Commercials - Long / Short
123,324 (+31,224)
183,372 (-71,071)
Producers - Long / Short
278,671 (-23,527)
324,726 (+66,201)
Swap Dealers - Long / Short
132,765 (+2,103)
12,387 (+6,728)
Managed Money - Long / Short
82,311 (+29,520)
112,481 (-81,547)
Other Reportables - Long / Short
41,013 (+1,704)
70,891 (+10,476)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
1165-6 +3.90%
on 04/19/24
1236-4 -2.04%
on 05/07/24
+35-4 (+3.02%)
since 04/16/24
3-Month
1137-0 +6.53%
on 02/26/24
1236-4 -2.04%
on 05/07/24
+52-2 (+4.51%)
since 02/16/24
52-Week
1110-4 +9.07%
on 05/31/23
1310-2 -7.56%
on 11/21/23
+42-2 (+3.61%)
since 05/16/23

More Soybean Quotes

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Most Recent Stories

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In my interview today with Michelle Rook on AgWeb's Markets Now I spoke about the recent move higher in wheat, soybean, and corn prices. I also discussed crude oil, interest rates, and the cattle markets....

ZWK24 : 657-0s (-1.98%)
ZSN24 : 1211-4 (-0.16%)
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ZCN24 : 462-6 (+0.05%)
ZCPAUS.CM : 4.3919 (-1.09%)
ZCU24 : 473-6 (+0.11%)
ZCZ24 : 487-2 (+0.05%)
ZCPZ24US.CM : 4.5792 (-0.83%)
Soybeans Pushed Lower Following Bearish NOPA Data

Soybeans slipped into the close, as contracts settled with losses of a penny to 4 ¾ cents after NOPA reported an ugly April crush number. Soymeal futures were down $1.60 to $2.70/ton at the close. Soy...

ZMN24 : 369.8 (-0.51%)
ZLN24 : 43.59 (+0.09%)
ZSN24 : 1211-4 (-0.16%)
ZSPAUS.CM : 11.5070 (-0.09%)
ZSQ24 : 1214-4 (-0.14%)
ZSX24 : 1199-2 (-0.15%)
ZSPX24US.CM : 11.3923 (-0.35%)
Wheat Falls from Double Digit Morning Gains to End the Session Lower

The wheat complex quickly faded from the early double digit gains as losses were reported across the three exchanges on Wednesday. Chicago contracts posted losses of 6 ¾ to 11 cents across the board....

ZWN24 : 673-2 (+1.13%)
ZWU24 : 692-2 (+0.91%)
KEN24 : 684-4 (+1.41%)
KEU24 : 695-6 (+1.02%)
MWN24 : 733-0 (+0.83%)
Pure Hedge - Livestock and Grain

Grains Break Hard Off the Highs- Livestock Mixed

Corn Fades Off Early Strength to Midday Losses

Corn shot higher in early morning trade, but are fading lower on Wednesday. Contracts are down 3 to 4 cents across most nearby months at midday. EIA data from this morning showed that 1 million barrels...

ZCN24 : 462-6 (+0.05%)
ZCPAUS.CM : 4.3919 (-1.09%)
ZCU24 : 473-6 (+0.11%)
ZCZ24 : 487-2 (+0.05%)
ZCPZ24US.CM : 4.5792 (-0.83%)
Soybeans Holding Above UNCH Despite Bearish NOPA Data

Soybeans are holding above steady on the midweek session, as contracts are up 1 to 5 ¾ cents despite an ugly April crush number from NOPA. Soymeal futures are up 50 cents/ton. Soy Oil is back 62 to 67...

ZMN24 : 369.8 (-0.51%)
ZLN24 : 43.59 (+0.09%)
ZSN24 : 1211-4 (-0.16%)
ZSPAUS.CM : 11.5070 (-0.09%)
ZSQ24 : 1214-4 (-0.14%)
ZSX24 : 1199-2 (-0.15%)
ZSPX24US.CM : 11.3923 (-0.35%)
Wheat Well Off Session Highs at Midday

The wheat complex is fading the early double digit gains with losses reported at midday. Chicago contracts are down 5 to 6 cents in the front months. Kansas City futures are down 5 to 7 cents at the midday...

ZWN24 : 673-2 (+1.13%)
ZWU24 : 692-2 (+0.91%)
KEN24 : 684-4 (+1.41%)
KEU24 : 695-6 (+1.02%)
MWN24 : 733-0 (+0.83%)
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Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Strong Signal Strength.

Key Turning Points

3rd Resistance Point 1243-2
2nd Resistance Point 1236-4
1st Resistance Point 1225-0
Last Price 1211-2
1st Support Level 1206-6
2nd Support Level 1200-0
3rd Support Level 1188-4

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52-Week High 1310-2
Fibonacci 61.8% 1234-0
Last Price 1211-2
Fibonacci 50% 1210-3
Fibonacci 38.2% 1186-6
52-Week Low 1110-4

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