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.
Stocks | Futures | Watchlist | News | More
or
Faster, Cleaner, Better.

Soybean Meal May '23 (ZMK23)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [CBOT]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
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

Soybeans Rally on Positive Trade News

Soybeans were in rally mode following a mid-morning update from President Trump, as contracts closed with front month gains of 25 to 27 ½ cents. Some new crop contracts were up 4 to 11 ¼ cents. The cmdtyView national average Cash Bean price was 26 1/4 cents higher at $10.27 3/4. Soymeal futures were $1.30 to $4.60 higher, with Soy Oil futures up 101 to 117 points in the nearbys.

A phone call between President Trump and China’s President Xi took place this morning. Among the discussions, according to a post from the President, President Trump was looking to lift the soybean commitments to 20 MMT for the current season, vs. the 12 MMT previous stated. 

USDA’s Export Sales report will be out on Thursday, with Traders looking for between 0.4-1.6 MMT of soybean sales in the week of January 29. Soybean meal sales are seen at 250,000-500,000 MT, as bean oil is expected to be 0-25,000 MT.

Mar 26 Soybeans  closed at $10.92 1/4, up 26 1/2 cents,

Nearby Cash  was $10.27... 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
$1,705/1,550
First Notice Date
04/28/23
Expiration Date
05/12/23 (expired)

Seasonal Chart

Soybean Meal May '23
Average Price Chart for 5 Prior May Contracts

Commitment of Traders Positions as of Jan 27, 2026

View Chart Details
Commercials - Long / Short
271,984 (-2,068)
280,053 (+14,262)
Non-Commercials - Long / Short
115,053 (+2,638)
123,347 (-11,858)
Producers - Long / Short
149,790 (-2,433)
261,796 (+10,889)
Swap Dealers - Long / Short
113,131 (-1,474)
9,194 (+1,534)
Managed Money - Long / Short
72,400 (+2,314)
108,202 (-4,690)
Other Reportables - Long / Short
42,653 (+324)
15,145 (-7,168)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
415.0 +3.16%
on 05/11/23
471.1 -9.13%
on 04/18/23
-32.1 (-6.98%)
since 04/12/23
3-Month
415.0 +3.16%
on 05/11/23
498.0 -14.04%
on 03/07/23
-52.1 (-10.85%)
since 02/10/23
52-Week
373.1 +14.74%
on 07/05/22
498.0 -14.04%
on 03/07/23
+43.8 (+11.40%)
since 05/12/22

More Soybean Meal Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
AUG-DEC ’26 SOYBEAN-OIL SPREAD (ZLQ26-ZLZ26) - WALSH PURE SPREADER

WALSH PURE SPREADER - Pure Hedge Division

Soybeans Rally on Positive Trade News

Soybeans were in rally mode following a mid-morning update from President Trump, as contracts closed with front month gains of 25 to 27 ½ cents. Some new crop contracts were up 4 to 11 ¼ cents. The cmdtyView...

ZSPAUS.CM : 10.2686 (+2.64%)
ZLH26 : 55.84 (+0.32%)
ZMH26 : 297.3 (+0.37%)
ZSX25 : 1112-6s (-1.70%)
ZSH26 : 1097-0 (+0.43%)
ZSK26 : 1110-2 (+0.50%)
Wheat Continue Weakness on Wednesday

The wheat complex was lower across the board on Wednesday. Chicago SRW futures were 1 to 2 cents in the red at the close. KC HRW futures were 4 to 5 cents lower on the day. MPLS spring wheat was down 2...

KEK26 : 541-4 (-0.23%)
KEH26 : 529-0 (-0.24%)
MWH26 : 5.6550 (-0.09%)
ZWH26 : 525-4 (-0.24%)
ZWK26 : 535-2 (-0.19%)
Corn Hold onto Wednesday Gain

Corn futures ended the Wednesday session with contracts a penny to 2 cents higher across the front months. The CmdtyView national average Cash Corn price was up 2 cents at $3.96 1/4. Some spillover support...

ZCZ25 : 431-4s (-0.86%)
ZCK26 : 436-0 (-0.23%)
ZCH26 : 428-4 (-0.23%)
ZCPAUS.CM : 3.9626 (+0.52%)
Wheat Holding Lower on Wednesday

The wheat complex is mostly lower on Wednesday. Chicago SRW futures are 1 to 2 cents in the red at midday. KC HRW futures are 2 to 3 cents lower on Wednesday. MPLS spring wheat is down 1 to 2 cents so...

KEK26 : 541-4 (-0.23%)
KEH26 : 529-0 (-0.24%)
MWH26 : 5.6550 (-0.09%)
ZWH26 : 525-4 (-0.24%)
ZWK26 : 535-2 (-0.19%)
Corn Posting Slight Midday Gains

Corn futures are holding onto 1 to 2 cent gains at midday. The CmdtyView national average Cash Corn price is up 1 1/4 cents at $3.95 1/2. USDA reported a private export sale of 130,480 MT of corn to unknown...

ZCZ25 : 431-4s (-0.86%)
ZCK26 : 436-0 (-0.23%)
ZCH26 : 428-4 (-0.23%)
ZCPAUS.CM : 3.9626 (+0.52%)
Soybeans Rallying on President Trump Post

Soybeans are trading with 25 to 30 cent gains at midday. The cmdtyView national average Cash Bean price is 27 cents higher at $10.27 1/2. Soymeal futures are $3.40 to $3.80 higher, with Soy Oil futures...

ZSPAUS.CM : 10.2686 (+2.64%)
ZLH26 : 55.84 (+0.32%)
ZMH26 : 297.3 (+0.37%)
ZSX25 : 1112-6s (-1.70%)
ZSH26 : 1097-0 (+0.43%)
ZSK26 : 1110-2 (+0.50%)
Soybeans Slipping Back to Start Wednesday

Soybeans are showing 1 to 2 cent losses in the front months on Wednesday morning. Futures posted 4 to 5 ½ cent gains on Tuesday. The cmdtyView national average Cash Bean price was 4 3/4 cents higher at...

ZSPAUS.CM : 10.2686 (+2.64%)
ZLH26 : 55.84 (+0.32%)
ZMH26 : 297.3 (+0.37%)
ZSX25 : 1112-6s (-1.70%)
ZSH26 : 1097-0 (+0.43%)
ZSK26 : 1110-2 (+0.50%)
Corn Slipping Back on Wednesday Morning

Corn prices are down 1 to 2 cents so far on Wednesday morning trade. Futures were 2 to 3 cents higher at the Tuesday close. The CmdtyView national average Cash Corn price was up 2 1/2 cents at $3.94 1/4....

ZCZ25 : 431-4s (-0.86%)
ZCK26 : 436-0 (-0.23%)
ZCH26 : 428-4 (-0.23%)
ZCPAUS.CM : 3.9626 (+0.52%)
Wheat Weakness Continues on Wednesday AM Trade

Wheat is trading with losses across the three markets on Wednesday morning. The wheat complex was mixed at on Tuesday, with the hard red contracts feeling weakness. Chicago SRW futures were steady to 1...

KEK26 : 541-4 (-0.23%)
KEH26 : 529-0 (-0.24%)
MWH26 : 5.6550 (-0.09%)
ZWH26 : 525-4 (-0.24%)
ZWK26 : 535-2 (-0.19%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 430.0
2nd Resistance Point 429.0
1st Resistance Point 428.6
Last Price 428.1s
1st Support Level 427.2
2nd Support Level 426.2
3rd Support Level 425.8

See More

52-Week High 498.0
Fibonacci 61.8% 450.3
Fibonacci 50% 435.5
Last Price 428.1s
Fibonacci 38.2% 420.8
52-Week Low 373.1

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