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Soybean Meal Jan '27 (ZMF27)

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Soybean Meal Futures Market News and Commentary

Soybeans Close the Week with Weakness

Soybeans rounded out the week with contracts down 2 to 4 ½ cents at the close, as March was 17 ¾ cents higher this week. The cmdtyView national average Cash Bean price was down 4 1/4 cents at $10.67 1/4. Soymeal futures were 70 cents to $1.30 higher on the day, with March up $5.60 this week. Soy Oil futures 40 to 47 points lower, as March was up 175 points on the week. The markets will be closed on Monday for President’s Day.

CFTC data indicated managed money adding 94,316 contracts to their net long position as of 2/10, taking it to 123,148 contracts.

USDA Export Sales data has soybean commitments at 34.572 MMT, which was down 20% from a year ago. That is also 81% of USDA’s export projection and lags the 89% pace via the 5-year average.

NOPA data will be released on Tuesday with analysts looking for January crush at 218.5 mbu, with soybean oil stocks seen at 1.71 billion lbs.

Mar 26 Soybeans  closed at $11.33, down 4 1/4 cents,

Nearby Cash  was $10.67... Read more

Contract Specifications

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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. (Settles 1:15p.m.) (Sun-Fri) CST
Exchange
CBOT
Point Value
$100
Margin/Maintenance
$1,705/1,550
First Notice Date
12/31/26 (320 days)
Expiration Date
01/14/27 (334 days)

Seasonal Chart

Soybean Meal Jan '27
Average Price Chart for 5 Prior Jan Contracts

Commitment of Traders Positions as of Feb 10, 2026

View Chart Details
Commercials - Long / Short
280,918 (-3,735)
307,127 (+6,858)
Non-Commercials - Long / Short
112,447 (-886)
101,075 (-9,434)
Producers - Long / Short
154,630 (-6,131)
287,958 (+5,086)
Swap Dealers - Long / Short
118,321 (+1,801)
11,202 (+1,177)
Managed Money - Long / Short
70,564 (-1,011)
87,778 (-9,490)
Other Reportables - Long / Short
41,883 (+125)
13,297 (+56)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
307.7 +3.67%
on 02/04/26
319.3 -0.09%
on 02/13/26
+8.2 (+2.64%)
since 01/13/26
3-Month
307.7 +3.67%
on 02/04/26
343.4 -7.11%
on 11/17/25
-21.7 (-6.37%)
since 11/13/25
52-Week
303.6 +5.07%
on 10/15/25
343.4 -7.11%
on 11/17/25
+0.6 (+0.19%)
since 02/13/25

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Soybeans Close the Week with Weakness

Soybeans rounded out the week with contracts down 2 to 4 ½ cents at the close, as March was 17 ¾ cents higher this week. The cmdtyView national average Cash Bean price was down 4 1/4 cents at $10.67...

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Soybeans Slipping Lower on Friday

Soybeans are trading with 4 to 5 ½ cent losses at midday. The cmdtyView national average Cash Bean price is down 5 1/4 cents at $10.66 1/4. Soymeal futures are 10 to 60 cents higher on the day, with Soy...

ZSPAUS.CM : 10.6720 (-0.40%)
ZLK26 : 57.47s (-0.76%)
ZMK26 : 313.5s (+0.22%)
ZSX25 : 1112-6s (-1.70%)
ZSH26 : 1133-0s (-0.37%)
ZSK26 : 1148-4s (-0.33%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 323.0
2nd Resistance Point 321.1
1st Resistance Point 320.1
Last Price 319.0s
1st Support Level 317.2
2nd Support Level 315.3
3rd Support Level 314.3

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52-Week High 343.4
Fibonacci 61.8% 328.2
Fibonacci 50% 323.5
Last Price 319.0s
Fibonacci 38.2% 318.8
52-Week Low 303.6

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