or
Faster, Cleaner, Better.

Soybean Meal Jan '24 (ZMF24)

351.3s -10.1 (-2.79%) 01/12/24 [CBOT]
N/A x N/A N/A x N/A
underlying price ()
Quote Overview for Fri, Jan 12th, 2024
Day Low
351.3
Day High
361.8
Open 361.8
Previous Close 361.4 361.4
Volume 20 20
Open Interest 34 34
Stochastic %K 2.84% 2.84%
Weighted Alpha -17.11 -17.11
5-Day Change -17.3 (-4.69%) -17.3 (-4.69%)
52-Week Range 351.3 - 460.6 351.3 - 460.6
  • 1D
  • 5D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
  • MAX
Full Chart
  • OHLC Bars
  • Colored OHLC Bars
  • HLC Bars
  • Candlestick Hollow
  • Candlestick Open-to-Close
  • Candlestick Close-to-Close
  • Heikin-Ashi
  • Line Chart
  • Area Chart
  • Renko
  • Column
  • Baseline
  • Line Break
  • Range
  • Kagi
  • Point And Figure

Soybean Meal Futures Market News and Commentary

Soybeans Losses Continue as Ratings Improve

Soybeans are 3 to 5 cents lower as Tuesday morning trade kicks off. Futures slipped lower on the Monday session, with contracts fractionally to 4 cents in the red.  July expired on Monday, with 204 deliveries and 1,327 for the month. The cmdtyView national average Cash Bean price was down 3 ¼ cents at $9.61 1/2. Soymeal futures were down $1.50 to $2.60/ton, as Soy Oil was 25 to 42 points higher. There were 111 deliveries for July meal futures on Monday night, taking the total for the month to 4,703 as the contract expired. 

Monday afternoon’s Crop Progress data indicated 47% of US soybean crop was blooming by Sunday even with the 5-year average, with% setting pods. Ratings were up 4% to 70%, with the Brugler500 index taking all 5 ratings into account up 7 points to 376.

On Monday morning, President Trump threatened Russian with secondary tariffs (on Russian trade partners) if there is no deal to end the Russian/Ukraine war in 50 days.

USDA tallied soybean export sh... 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
$1,870/1,700
First Notice Date
12/29/23
Expiration Date
01/12/24 (expired)

Seasonal Chart

Soybean Meal Jan '24
Average Price Chart for 5 Prior Jan Contracts

Commitment of Traders Positions as of Jul 8, 2025

View Chart Details
Commercials - Long / Short
338,456 (+11,967)
276,102 (+10,219)
Non-Commercials - Long / Short
114,859 (-2,649)
200,460 (-3,859)
Producers - Long / Short
210,250 (+9,676)
259,943 (+8,439)
Swap Dealers - Long / Short
113,275 (+775)
1,228 (+264)
Managed Money - Long / Short
51,426 (-4,319)
176,516 (-5,101)
Other Reportables - Long / Short
63,433 (+1,670)
23,944 (+1,242)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
351.3 unch
on 01/12/24
Period Open: 410.3
413.5 -15.04%
on 12/18/23
-59.0 (-14.38%)
since 12/12/23
3-Month
351.3 unch
on 01/12/24
Period Open: 389.2
460.6 -23.73%
on 11/15/23
-37.9 (-9.74%)
since 10/12/23
52-Week
351.3 unch
on 01/12/24
Period Open: 408.0
460.6 -23.73%
on 11/15/23
-56.7 (-13.90%)
since 01/12/23

More Soybean Meal Quotes

All Futures Prices
Please wait...
Please wait...
false

Most Recent Stories

More News
Soybeans Losses Continue as Ratings Improve

Soybeans are 3 to 5 cents lower as Tuesday morning trade kicks off. Futures slipped lower on the Monday session, with contracts fractionally to 4 cents in the red. July expired on Monday, with 204 deliveries...

ZSPAUS.CM : 9.5936 (-0.16%)
ZLZ25 : 54.19 (+0.35%)
ZMZ25 : 281.0 (-0.25%)
ZSX25 : 1006-2 (-0.07%)
ZSQ25 : 999-2 (-0.17%)
ZSU25 : 992-2 (-0.10%)
ZSPX25US.CM : 9.4720 (-0.08%)
Wheat Weakness Continuing on Tuesday

The wheat complex is down across the three markets early on Tuesday. Wheat is trading with losses across the three markets on Monday. Chicago SRW wheat posted 3 to 4 cent losses on Monday. July futures...

KEZ25 : 542-6 (-0.50%)
KEU25 : 521-0 (-0.38%)
MWU25 : 6.0325 (-0.08%)
ZWU25 : 538-2 (-0.60%)
ZWZ25 : 559-2 (-0.53%)
Plus500 Makes Futures Trading Truly Accessible: Low Margins and Up to $200 in a Commission-Free Bonus!

Trade the most popular US futures of 2025: Agricultural Commodities, Indices, Crypto, Metals, Forex, and more! Join over 30 million people worldwide who trust Plus500. Start trading today with a deposit as low as $100!

Corn Giving Back Monday Gains Early on Tuesday

Corn prices are down 4 to 5 cents early on Tuesday. Futures posted gains of 4 to 6 cents across most contracts on Monday following the overnight gap lower. July futures expired as there were another 29...

ZCZ25 : 413-6 (-1.02%)
ZCZ25 : 413-6 (-1.02%)
ZCU25 : 396-0 (-1.00%)
ZCPZ25US.CM : 3.8092 (-1.11%)
ZCPAUS.CM : 3.8243 (-1.05%)
How About those Crop Condition Numbers for Corn and Soybeans?

Yes, I'm addressing NASS' latest weekly crop condition numbers, the Kardashians of government reports, to point out...well, you'll see.

ZCZ25 : 413-6 (-1.02%)
ZSX25 : 1006-2 (-0.07%)
ZCU25 : 396-0 (-1.00%)
$CRWI : 470.79 (-0.37%)
Corn Extends Monday Bounce into the Close

Corn futures posted gains of 4 to 6 cents across most contract son Monday following the overnight gap lower. July futures expired today. The front month CmdtyView national average Cash Corn price was up...

ZCZ25 : 413-6 (-1.02%)
ZCZ25 : 413-6 (-1.02%)
ZCU25 : 396-0 (-1.00%)
ZCPZ25US.CM : 3.8092 (-1.11%)
ZCPAUS.CM : 3.8243 (-1.05%)
Spring Wheat Leads the Market Lower

Wheat is trading with losses across the three markets on Monday. Chicago SRW wheat posted 3 to 4 cent losses on Monday. July futures expired today. KC HRW contracts are were down 1 to 2 cents on the day....

KEZ25 : 542-6 (-0.50%)
KEU25 : 521-0 (-0.38%)
MWU25 : 6.0325 (-0.08%)
ZWU25 : 538-2 (-0.60%)
ZWZ25 : 559-2 (-0.53%)
Hogs Continue Lower

Hogs breakdown below Support

Grain Spreads: Corn Cover

Short Covering Highlighted

Crop Progress

Crop Progress - 2025-07-14

MWU25 : 6.0325 (-0.08%)
ZSX25 : 1006-2 (-0.07%)
XBX25 : 198.75 (unch)
XEU25 : 63.89 (-0.34%)
SWV25 : 475.50 (+1.08%)
ZSBAUS.CM : -0.3989 (+0.60%)
ZOZ25 : 357-6 (-0.76%)
ZRU25 : 12.700 (+0.08%)
MLU25 : 198.50 (+0.63%)
Y2U25 : 2,662s (unch)
ZCZ25 : 413-6 (-1.02%)
ZCDAUS-BIW.CM : 15,671,136 (unch)

Barchart Trading Guide

The Barchart Trading Guide is a Sell Signal with a Maximum Signal Strength.

Key Turning Points

3rd Resistance Point 368.8
2nd Resistance Point 365.3
1st Resistance Point 358.3
Last Price 351.3s
1st Support Level 347.8
2nd Support Level 344.3
3rd Support Level 337.3

See More

52-Week High 460.6
Fibonacci 61.8% 418.8
Fibonacci 50% 406.0
Fibonacci 38.2% 393.1
Last Price 351.3s
52-Week Low 351.3

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
3 Explosive Trends for 2025 You Can't Afford to Miss