Soybean Meal Micro Aug '26 (SMQ26)
Soybean Meal Micro Futures Market News and Commentary
Soybeans rebounded from the Thursday losses to close Friday with a late push higher, up 4 ½ to 9 ½ cents. August was 12 ¾ cents in the green on the week, with November 12 ¼ cents higher. The cmdtyView national average Cash Bean price was up 10 3/4 cents at $11.66 3/4. Soymeal futures were $2.70 to $3.90 lower at the close, with August slipping 20 cents this week. Soy Oil futures were 115 to 238 points higher, as August rallied 435 points this week. Crude oil is back up $3.50/bbl at midday to provide support to the bean oil, with heating oil up $0.0523 to $4.083/gal.
USDA reported 3 sets of private export sales for new crop this morning, with 340,000 MT to China, 256,634 MT to Mexico, and 110,000 MT to unknown destinations.Â
Export Sales data from Thursday has taken the old crop soybean sales total (including shipments and unshipped sales) to 41.324 MMT. That matches the USDA export projection, vs the 101% average of the projection in the last 3 years. Shipments are 38.18... Read more
Walsh Trading · Fri Jul 17, 6:57PM CDT
Cattle markets sink to new lows, taking cash prices with t
Best Weather Inc. · Fri Jul 17, 6:13PM CDT
The Black Sea, Midwest & European Weather Convergence: Why Grain Markets Just Exploded
Barchart · Fri Jul 17, 3:55PM CDT
Soybeans rebounded from the Thursday losses to close Friday with a late push higher, up 4 ½ to 9 ½ cents. August was 12 ¾ cents in the green on the...
Barchart · Fri Jul 17, 3:55PM CDT
The wheat complex was in rally mode to close out the week, finishing higher in all three exchanges. Chicago SRW contracts were 4 ¾ to 9 ½ cents higher...
Barchart · Fri Jul 17, 3:55PM CDT
Corn futures shrugged off the early weakness on Friday to close near the highs of the day, up 2 ¼ to 3 ½ cents across most contracts. September was 5...
Barchart · Fri Jul 17, 6:00PM CDT
Alphabet’s broader ecosystem gives it the long-term edge, while Meta offers faster growth, a lower valuation and a higher yield.
Barchart · Fri Jul 17, 4:03PM CDT
Apple is looking to expand its robotics team as it pursues innovation.
Barchart · Fri Jul 17, 3:55PM CDT
Soybeans rebounded from the Thursday losses to close Friday with a late push higher, up 4 ½ to 9 ½ cents. August was 12 ¾ cents in the green on the...
Barchart · Fri Jul 17, 3:55PM CDT
Lean hog futures posted mostly higher trad on Friday, with contracts up 25 cents to $1.37 at the close. August was up $2.65 this week. USDA’s national...
Barchart · Fri Jul 17, 3:55PM CDT
The wheat complex was in rally mode to close out the week, finishing higher in all three exchanges. Chicago SRW contracts were 4 ¾ to 9 ½ cents higher...
Barchart · Fri Jul 17, 3:55PM CDT
Cotton futures saw weakness extend to Friday, with contracts closing down 62 to 89 points on the day, with December down 291 points this week. Crude oil...
Barchart · Fri Jul 17, 3:55PM CDT
Corn futures shrugged off the early weakness on Friday to close near the highs of the day, up 2 ¼ to 3 ½ cents across most contracts. September was 5...
Barchart · Fri Jul 17, 3:55PM CDT
Live cattle futures posted losses of 97 cents to $2.67 across most contracts on Friday. August was down $10.77 this week. Cash trade settled in at $238-240...