Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
or
Menu

Soybean Meal May '18 (ZMK18)

Get Real-Time Futures
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [CBOT]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Soybean Meal Futures Market News and Commentary

Soybean Market News and Commentary

Soybean futures are mostly 1 to 2 1/2 cents lower this morning. Chinese futures at Dalian were 11 to 24CY lower on Monday while US markets were closed. That was their fourth down day in a row. US beans posted 3 to 4 cent gains in most contracts on Friday, on positive NOPA data. Meal futures were up $1/ton in the nearby contract, with soy oil 6 points higher. Friday morning’s NOPA report indicated a record January crush by its members at 171.63 mbu. That was slightly lower than December but 5.22% larger than a year ago. Soy oil stocks were up month/month, but down 10.3% from last year at 1.549 billion pounds. Brazil’s SAFRAS soybean production estimate was trimmed by 0.3 MMT to 115.4 MMT on Friday. That is not as low as some firms have gone, as SAFRAS cited a slight improvement to weather.--provided by Brugler Marketing & Management

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. (Settle 1:15pm) (Sun-Fri) CST
Exchange
CBOT
Point Value
$100
Margin/Maintenance
$1,320/1,200
First Notice Date
04/30/18
Expiration Date
05/14/18 (expired)

Seasonal Chart

Soybean Meal May '18
Average Price Chart for 5 Prior May Contracts

Commitment of Traders Positions as of Jan 22, 2019

View Chart Details
Commercials - Long / Short
210,519 (+1,005)
268,080 (-699)
Non-Commercials - Long / Short
97,405 (-339)
54,505 (+3,033)
Producers - Long / Short
108,939 (-889)
241,657 (-2,271)
Swap Dealers - Long / Short
78,347 (+230)
3,190 (-92)
Managed Money - Long / Short
50,516 (-972)
42,612 (+2,794)
Other Reportables - Long / Short
46,889 (+633)
11,893 (+239)
Get Realtime - Quotes and Charts for Futures Traders. Learn More

Price Performance

See More
Period Period Low Period High Performance
1-Month
369.5 +5.49%
on 04/24/18
404.9 -3.73%
on 05/02/18
+7.0 (+1.83%)
since 04/13/18
3-Month
358.0 +8.88%
on 03/20/18
404.9 -3.73%
on 05/02/18
+14.3 (+3.81%)
since 02/15/18
52-Week
299.6 +30.11%
on 06/23/17
404.9 -3.73%
on 05/02/18
+74.8 (+23.75%)
since 05/15/17

More Soybean Meal Quotes

All Futures
Please wait...

Most Recent Stories

More News
Morning Grain Market Research

After enjoying an extra day to recuperate, traders returned overnight with a sense of optimism but for the most part, that was soon to fade with the recognition that nothing new has really transpired....

Progress on China, tensions with Europe

Mood turns risk-off for most markets to start the short week.

Daily Grain Technicals & Fundamentals

What to look for in this weeks grain trade.

Wheat Market News and Commentary

Wheat futures are trading steady to 3 cents lower at the moment. They posted 1 to 5 cent losses in most winter wheat contracts, with MPLS steady to 2 cents lower. Nearby KC hit contract lows Friday and...

Soybean Market News and Commentary

Soybean futures are mostly 1 to 2 1/2 cents lower this morning. Chinese futures at Dalian were 11 to 24CY lower on Monday while US markets were closed. That was their fourth down day in a row. US beans...

Corn Market News and Commentary

Corn futures are currently steady to 1 1/4 cents higher since ending the Friday session with most contracts fractionally mixed. Dalian futures (China) traded at the lowest prices since January 16 on Monday....

More Spreading

Fluttering Flat Price

Grain Markets Show Optimism As Trade Talks Continue

Grain Markets Show Optimism As Trade Talks Continue

Redux: Firmly Convinced

When the mighty greenback begins to...

Corn (ZC) Testing Weekly Chart Triangle Support

Corn (ZC) formed a Doji Friday after the slide on Thursday, closing at a critical juncture ahead of the US President's Day holiday. When ZC re-opens at 8pm EST today, it'll be interesting to see...

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 40% Buy with a Weakening short term outlook on maintaining the current direction.

Longer term, the trend strength is Weak. Long term indicators fully support a continuation of the trend.

See More Share

Key Turning Points

2nd Resistance Point 391.3
1st Resistance Point 390.6
Last Price 389.8s
1st Support Level 388.3
2nd Support Level 386.7

See More

52-Week High 404.9
Last Price 389.8s
Fibonacci 61.8% 364.7
Fibonacci 50% 352.3
Fibonacci 38.2% 339.8
52-Week Low 299.6

See More

InsideFutures Commentary

InsideFutures is a twice weekly newsletter that features a selection of the latest and best commodities commentary appearing on Barchart.com. Delivered every Wednesday and Friday morning to your inbox.

Add Data Columns to this Table
Learn about our Custom Views
Want to use this as
your default charts setting?
Learn about our Custom Templates
Switch the Market flag
above for targeted data.
Open the menu and switch the
Market flag for targeted data.
Get Streaming Chart Updates
Switch your Site Preferences
to Interactive Chart
Read About Upcoming
Changes to This Feature
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar