Soybean Meal Micro Jul '25 (SMN25)
Soybean Meal Micro Futures Market News and Commentary
Soybeans posted slight losses on Friday, with contracts steady to 2 ¼ cents in the red. Jule was down 8 cents on the week, with November slipping 5 ½ cents. The cmdtyView national average Cash Bean price was down a penny at $10.60 1/2. Soymeal futures were mixed, down a 40 cents to a 50 cents higher on the day, with July down $7.20 this week. Soy Oil futures were 17 to 53 points lower, as July was 16 points higher since last Friday.
Weekly Commitment of Traders data from CFTC showed spec funds with the largest Tuesday/Tuesday bear move in the report’s history back to 2006, of 65,294 contracts. The net long was still at 90,756 contracts on Tuesday. Managed money was in a similar liquidation even in the soybean meal market, slashing 74,468 contracts from their net long to 52,602 contracts by Junte 9.Â
NOPA data will be updated on Monday, with traders looking for May crush to total 216.02 mbu, with estimates of 207.28 to 223.1 mbu. Soybean oil stocks are seen at 1.855 billi... Read more
Barchart · Fri Jun 12, 4:47PM CDT
Corn futures slipped into the Friday close, with contracts steady to 1 ¾ cents higher on the day. July was down 4 ¾ cents this week, with December down...
Barchart · Fri Jun 12, 4:47PM CDT
Soybeans posted slight losses on Friday, with contracts steady to 2 ¼ cents in the red. Jule was down 8 cents on the week, with November slipping 5 ½...
Barchart · Fri Jun 12, 4:47PM CDT
The wheat complex slipped lower into the weekend. Chicago SRW contracts closed with 2 ¼ to 3 ¼ cent losses, as July was up 4 ½ cents for the week. KC...
Walsh Trading · Fri Jun 12, 4:14PM CDT
Plant closings pressure cattle
Walsh Trading · Fri Jun 12, 3:15PM CDT
Bearish Weather Being Priced in.
Swift Trading Company · Fri Jun 12, 2:37PM CDT
In my opinion, more indecision surfaced in this week's trading as traders kept fats within the two-day range of 6/4 & 6/5.
Barchart · Fri Jun 12, 6:00PM CDT
Home Depot and Lowe’s both offer similar appeal, but valuation, yield, and dividend-growth history make this matchup closer than it looks.
Barchart · Fri Jun 12, 4:47PM CDT
Lean hog futures were up 25 to 82 cents across most contracts on Friday, with expiring June up 25 cents. July was down $1.35 this week. USDA’s national...
Barchart · Fri Jun 12, 4:47PM CDT
Cotton futures closed with 4 to 49 points on Friday, with July still down 81 points on the week, as December fell 106 points. Crude oil was down $3.50...
Barchart · Fri Jun 12, 4:47PM CDT
Live cattle futures gave back some of this week’s strength on Friday, with contracts down $1.05 to $1.625 at the close. August was down just 47 cents...
Barchart · Fri Jun 12, 4:47PM CDT
Corn futures slipped into the Friday close, with contracts steady to 1 ¾ cents higher on the day. July was down 4 ¾ cents this week, with December down...
Barchart · Fri Jun 12, 4:47PM CDT
The wheat complex slipped lower into the weekend. Chicago SRW contracts closed with 2 ¼ to 3 ¼ cent losses, as July was up 4 ½ cents for the week. KC...
Barchart · Fri Jun 12, 4:47PM CDT
Soybeans posted slight losses on Friday, with contracts steady to 2 ¼ cents in the red. Jule was down 8 cents on the week, with November slipping 5 ½...
Barchart · Fri Jun 12, 3:45PM CDT
Stifel raised its price target on Carnival stock to $36. Analyst Steven Wieczynski explained his bullish view on CCL shares in a research note today.