Soybean Meal May '19 (ZMK19)
Soybean Meal Futures Market News and Commentary
Soybeans are showing 9 to 11 cent losses in the front months on Tuesday. The cmdtyView national average Cash Bean price is down 10 1/2 cents at $10.87 1/2. Soymeal futures are down $$3.70 to $5 in the front months, with Soy Oil futures down 15 to 25 points at midday.
Crude oil is up $2.48 at midday ahead of President Trump’s Tuesday night deadline for Iran. That has not spilled over to support for the grains.Â
USDA will release their monthly WASDE report on Thursday morning. A survey of analysts by Bloomberg shows very few changes expected to the US balance sheet with an average estimate at 349 mbu for soybean’s carryout, vs. 350 mbu in March.
May 26 Soybeans  are at $11.56 1/4, down 10 1/2 cents,
Nearby Cash  is at $10.87 1/1, down 10 1/2 cents,
Jul 26 Soybeans  are at $11.72 3/4, down 10 1/2 cents,
Nov 26 Soybeans  are at $11.47 1/4, down 9 3/4 cents,
New Crop Cash  is at $10.86 1/2, down 9 1/4 cents,
On the date of publication,... Read more
Klarenbach Research 25 minutes ago
We look at Canola's resistance and critical support levels.
Barchart Tue Apr 7, 11:53AM CDT
Corn prices are down 3 to 5 cents so far on Tuesday’s midday. The CmdtyView national average Cash Corn price is down 5 cents at $4.09 1/4. Crude oil...
Barchart Tue Apr 7, 11:53AM CDT
Soybeans are showing 9 to 11 cent losses in the front months on Tuesday. The cmdtyView national average Cash Bean price is down 10 1/2 cents at $10.87...
Barchart Tue Apr 7, 11:53AM CDT
The wheat complex is mixed at midday, with the soft red contracts higher. Chicago SRW futures are fractionally to a penny in the front months so far on...
Blue Line Futures Tue Apr 7, 8:26AM CDT
A sideways trade in soybeans has been present for the better part of the last month, with a rangebound trade in corn starting to develop. These are the...
Barchart Tue Apr 7, 7:33AM CDT
Corn prices are down 1 to 2 cents on Tuesday morning. Futures got a pop coming out of the Easter holiday weekend, with contracts closing 1 ¾ to 2 ½ cents...
Barchart 42 seconds ago
Microsoft (MSFT) is undergoing a significant market repricing as its exclusive AI leadership premium fades amid intensifying competition from Google, yet...
Barchart 53 seconds ago
Silver’s price virtually halved from the high on January 29, 2026, to the low on March 23, 2026. While silver futures have bounced over $10 from the...
Barchart 1 minute ago
Morgan Stanley's upcoming earnings should shine light on whether MS stock deserves its current premium or not.
Barchart 1 minute ago
Cemtrex stock soars as U.S. Navy selects subsidiary for a Phase I SBIR contract. But caution is warranted in buying CETX shares at current levels.
Barchart 14 minutes ago
Invitation Homes is ready to announce its fiscal first-quarter earnings soon, and analysts project a single-digit earnings drop.
Barchart 15 minutes ago
What is going on with safe-haven demand for gold and silver, and where the precious metals could be trading in the next few weeks and months.
Barchart 19 minutes ago
Discusses the implications of an unchanged 1984 tax on social security benefits after over 40 years.
Barchart 30 minutes ago
May NY world sugar #11 (SBK26 ) on Tuesday closed down -0.39 (-2.61%), and May London ICE white sugar #5 (SWK26 ) closed down -7.00 (-1.61%). Sugar prices...
