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Soybean Meal Dec '20 (ZMZ20)

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Soybean Meal Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Soybean Meal prices and Soybean Meal futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Mon, Jul 6th, 2020.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Soybean Meal Historical Prices page.

Soybean Meal Futures Market News and Commentary

Beans Higher after Independence Day

Soybean futures came back down from double digit gains, but still closed 6 to 9 1/2 cents higher in the front months. Soymeal futures also closed off the highs, but gained $1.60 to $1.90/ton on the first trading day of the week. Bean oil futures were up by 45 to 46 points at the close. Private exporters reported 264,000 MT of new crop bean sales to China this morning. New crop soybeans were 31% blooming on July 6, that was 17% more wk/wk and 7% above average. Also in the report, 2% of the bean crop was setting pods, compared to the average of 4% for this date. Soybean conditions were a 379 on the Brugler500 index, up 1 from last week. KY, OH, and MI conditions were down the most on the week. USDA’s Export Inspections report showed soybean shipments were 19.17 mbu on the week ending July 2. That was 31.5% below the same week last year. The weekly data suggest that bean shipments are at least 1.37 bbu through July 2, and no longer exceeding last year’s pace. From the holiday delayed C... Read more

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