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.
Stocks | Futures | Watchlist | News | More
or

Soybean Meal Jul '23 (ZMN23)

[[ 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 ]]
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 Futures Market News and Commentary

Soybeans Off Overnight Highs, but still Holding Wednesday AM Gains

Soybeans are trading with 1 to 3 cent gains as the market enters Wednesday trade. Futures posted gains of 4 to 5 ½ cents in most front months on Tuesday. Open interest was down 2,337 contracts on Tuesday, with March dropping 26,192 contracts ahead of FND on Friday. The cmdtyView national average Cash Bean price was up 5 1/2 cents at $10.75 3/4. Soymeal futures were up 20 cents to $2 in the front months, with. Soy Oil futures up 42 to 64 points.

With just 3 days left for price discovery for the spring base price for Crop Insurance, November soybeans have averaged $11.05 this month. That would be up 51 cents from 2025. 

ANEC estimates the Brazilian soybean exports at 10.69 MMT for February, down 0.77 MMT from the previous week. 

EU import data from the European Commission estimates the country’s soybean import total from July 1 to Feb 22 at 8.11 MMT, down 1.02 MT from the same period last year. 

Mar 26 Soybeans  closed at $11.39 1/2, up 5 1/4 cents, currently u... Read more

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. (Settles 1:15p.m.) (Sun-Fri) CST
Exchange
CBOT
Point Value
$100
Margin/Maintenance
$1,705/1,550
First Notice Date
06/30/23
Expiration Date
07/14/23 (expired)

Seasonal Chart

Soybean Meal Jul '23
Average Price Chart for 5 Prior Jul Contracts

Commitment of Traders Positions as of Feb 17, 2026

View Chart Details
Commercials - Long / Short
283,091 (+2,173)
319,564 (+12,437)
Non-Commercials - Long / Short
109,382 (-3,065)
91,036 (-10,039)
Producers - Long / Short
151,980 (-2,650)
295,791 (+7,833)
Swap Dealers - Long / Short
120,117 (+1,796)
12,779 (+1,577)
Managed Money - Long / Short
73,813 (+3,249)
76,957 (-10,821)
Other Reportables - Long / Short
35,569 (-6,314)
14,079 (+782)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
386.5 +11.25%
on 06/15/23
441.2 -2.54%
on 06/21/23
+40.3 (+10.34%)
since 06/14/23
3-Month
386.3 +11.31%
on 05/31/23
468.2 -8.16%
on 04/18/23
-26.8 (-5.87%)
since 04/14/23
52-Week
372.8 +15.34%
on 07/22/22
486.9 -11.69%
on 03/07/23
+38.0 (+9.69%)
since 07/14/22

More Soybean Meal Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Soybeans Off Overnight Highs, but still Holding Wednesday AM Gains

Soybeans are trading with 1 to 3 cent gains as the market enters Wednesday trade. Futures posted gains of 4 to 5 ½ cents in most front months on Tuesday. Open interest was down 2,337 contracts on Tuesday,...

ZSPAUS.CM : 10.7901 (+0.41%)
ZLK26 : 60.29 (-0.35%)
ZMK26 : 320.8 (+2.04%)
ZSX25 : 1112-6s (-1.70%)
ZSH26 : 1144-0 (+0.39%)
ZSK26 : 1160-2 (+0.43%)
Wheat Losses Extend to Wednesday Morning

Wheat is kicking off Wednesday trade with losses of 2 to 4 cents. The wheat complex was weaker on Tuesday. Chicago SRW futures were steady to 2 cents lower. Open interest rose 3,208 contracts on Tuesday....

KEK26 : 563-0 (-0.71%)
KEH26 : 551-6 (-0.45%)
MWH26 : 5.7600 (-0.60%)
ZWH26 : 564-0 (-0.62%)
ZWK26 : 568-0 (-0.92%)
Long term technicals put a shine on wheat

I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. The charts below suggest higher wheat prices in the weeks ahead. Last week's rally...

A Classic Trend Change Using Fibonacci, New Video For ALL Markets!

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

ZCH26 : 429-2 (+0.35%)
ZWH26 : 564-0 (-0.62%)
ZSH26 : 1144-0 (+0.39%)
Wheat Eases Lower on Tuesday

The wheat complex was weaker on Tuesday. Chicago SRW futures were steady to 2 cents lower. KC HRW futures are down 5 to 6 cents in the front months on Tuesday. MPLS spring wheat were 1 to 3 cents weaker....

KEK26 : 563-0 (-0.71%)
KEH26 : 551-6 (-0.45%)
MWH26 : 5.7600 (-0.60%)
ZWH26 : 564-0 (-0.62%)
ZWK26 : 568-0 (-0.92%)
Soybeans See Gains on Tuesday

Soybeans posted gains of 4 to 5 ½ cents in most front months on Tuesday. The cmdtyView national average Cash Bean price was up 5 1/2 cents at $10.75 3/4. Soymeal futures were up 20 cents to $2 in the...

ZSPAUS.CM : 10.7901 (+0.41%)
ZLK26 : 60.29 (-0.35%)
ZMK26 : 320.8 (+2.04%)
ZSX25 : 1112-6s (-1.70%)
ZSH26 : 1144-0 (+0.39%)
ZSK26 : 1160-2 (+0.43%)
Corn Close Mixed on Tuesday

Corn futures came back to close mixed on Tuesday, with front months March up ¼ cent and other contracts down 1 to 2 cents. The CmdtyView national average Cash Corn price is down a penny to $3.93 1/2....

ZCZ25 : 431-4s (-0.86%)
ZCK26 : 441-2 (+0.63%)
ZCH26 : 429-2 (+0.35%)
ZCPAUS.CM : 3.9555 (+0.17%)
Grain Spreads: Bean Timing

How Much Upside in Left?

Shootin' the Bull about the next shoe to drop

Basis didn't improve much, if any, and everyone appears to be holding their breath to see who pays up, and who doesn't.

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 434.3
2nd Resistance Point 432.1
1st Resistance Point 431.1
Last Price 430.0s
1st Support Level 427.9
2nd Support Level 425.7
3rd Support Level 424.7

See More

52-Week High 486.9
Fibonacci 61.8% 443.3
Last Price 430.0s
Fibonacci 50% 429.8
Fibonacci 38.2% 416.4
52-Week Low 372.8

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.
Use your up/down arrows to move through the symbols.
Free Barchart Webinar