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Soybean Meal Pit Mar '11 (SMH11)

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Soybean Meal (Pit) Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Soybean Meal (Pit) prices and Soybean Meal (Pit) futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Wed, Mar 11th, 2026.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Soybean Meal (Pit) Historical Prices page.

Soybean Meal (Pit) Futures Market News and Commentary

Soybeans Posting Double Digit Gains Early on Wednesday

Soybeans are trading with gains of 11 to 18 cents so far on Wednesday morning. Futures closed Tuesday with 5 to 7 cent gains across most contracts on Tuesday. Preliminary open interest rose 2,727 contracts on the day, mostly in the new crop. The cmdtyView national average Cash Bean price was up 5 3/4 cents at $11.27 1/4.  Soymeal futures are up 80 cents to $1.10, with Soy Oil futures steady to 51 points lower. There were 200 deliveries issued overnight against March soybean oil. Crude oil was down $8.38 on the day as the US began escorting vessels through the Strait of Hormuz, though they did bounce $8 off the low on reports that Iran was placing mines in the waterway. They are back up $3.63 this morning.

Optimism held the market up ahead of a meeting between Secretary Bessent and Chinese counterparts this weekend in Paris. That precedes the meeting between Trump and Xi later this month. 

The Tuesday update to the USDA WASDE report showed a 5 mbu increase to the US impor... Read more

  • Soybeans Posting Double Digit Gains Early on Wednesday

    Soybeans are trading with gains of 11 to 18 cents so far on Wednesday morning. Futures closed Tuesday with 5 to 7 cent gains across most contracts on Tuesday....

  • Cattle Look to Wednesday Trade

    Live cattle futures were back up $2.20 to $2.80 on the Tuesday close. Open interest was down 680 contracts on Tuesday. Cash trade has yet to see much action...

  • Cotton Push Higher on Wednesday Morning

    Cotton price action is up 3 to 26 points so far on Wednesday morning. Futures were 55 to 68 points higher at Tuesday’s close. Crude oil was down $8.38...

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