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Soybean Meal May '26 (ZMK26)

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Contract Specifications

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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
04/30/26 (56 days)
Expiration Date
05/14/26 (70 days)

Seasonal Chart

Soybean Meal May '26
Average Price Chart for 5 Prior May Contracts

Commitment of Traders Positions as of Feb 24, 2026

View Chart Details
Commercials - Long / Short
255,813 (-27,278)
326,256 (+6,692)
Non-Commercials - Long / Short
124,174 (+14,792)
73,339 (-17,697)
Producers - Long / Short
131,432 (-20,548)
302,263 (+6,472)
Swap Dealers - Long / Short
114,282 (-5,835)
13,894 (+1,115)
Managed Money - Long / Short
90,506 (+16,693)
60,105 (-16,852)
Other Reportables - Long / Short
33,668 (-1,901)
13,234 (-845)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
301.5 +2.55%
on 02/09/26
325.5 -5.01%
on 02/26/26
+2.3 (+0.75%)
since 02/05/26
3-Month
292.7 +5.64%
on 02/04/26
325.5 -5.01%
on 02/26/26
-7.8 (-2.46%)
since 12/05/25
52-Week
288.1 +7.32%
on 07/31/25
339.0 -8.79%
on 11/14/25
-9.5 (-2.98%)
since 03/05/25

More Soybean Meal Quotes

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Most Recent Stories

More News
Corn Rallying on Thursday with Outside Support and Solid Export Business

Corn futures are trading with 6 to 8 ¼ cent gains across most contracts on Thursday’s midday. Crude oil is nearing the $80 level, up $4.78 at midday and providing some spillover support. The CmdtyView...

ZCZ25 : 431-4s (-0.86%)
ZCK26 : 453-4s (+2.20%)
ZCH26 : 442-2 (+2.43%)
ZCPAUS.CM : 4.1197 (+2.42%)
Wheat Rallying Back with Double Digit Gains at Midday

The wheat complex is trading with double digit gains across the three exchanges on Thursday. Chicago SRW futures are up 13 to 14 cents at midday. KC HRW futures are 17 to 19 cents in the green on Thursday....

KEK26 : 592-4s (+3.49%)
KEH26 : 585-2s (+3.54%)
MWH26 : 6.0925 (+1.75%)
ZWH26 : 582-6s (+2.82%)
ZWK26 : 583-6s (+2.73%)
Soybeans Rallying on Thursday, with Bean Oil Strength

Soybeans are 7 to 8 cents in the green on Thursday, as the bean oil rally continues. There were another 244 deliveries issued overnight. The cmdtyView national average Cash Bean price is yp 7 1/2 cents...

ZSPAUS.CM : 11.0549 (+0.89%)
ZLK26 : 65.70s (+3.32%)
ZMK26 : 309.3s (-0.19%)
ZSX25 : 1112-6s (-1.70%)
ZSH26 : 1165-0 (+0.91%)
ZSK26 : 1179-2s (+0.83%)
Corn Futures Continue to Offer Ample Opportunities

Corn futures held where they needed to in yesterday’s session. Can the market use that to propel a rally back above 450?

Corn Slightly Higher to Start Thursday AM Trade

Corn price action is up 1 to 2 cents so far on Thursday morning. Futures posted losses of 2 to 3 cents across most contracts on Wednesday. Preliminary open interest was down 16,636 contracts on Wednesday....

ZCZ25 : 431-4s (-0.86%)
ZCK26 : 453-4s (+2.20%)
ZCH26 : 442-2 (+2.43%)
ZCPAUS.CM : 4.1197 (+2.42%)
Wheat Losses Push to Wednesday’s Close

Wheat is back to higher trade on Thursday morning, up 2 to 7 cents The wheat complex was lower across the three exchanges on Wednesday. Chicago SRW futures were down 5 to 6 cents at the close. Open interest...

KEK26 : 592-4s (+3.49%)
KEH26 : 585-2s (+3.54%)
MWH26 : 6.0925 (+1.75%)
ZWH26 : 582-6s (+2.82%)
ZWK26 : 583-6s (+2.73%)
Soybeans Firming to Start Thursday

Soybeans are showing Thursday AM gains of 1 to 3 cents. Futures rounded out Wednesday trade with slight weakness, as contracts were fractionally to 1 ¼ cents lower. Open interest was up 4,838 contracts...

ZSPAUS.CM : 11.0549 (+0.89%)
ZLK26 : 65.70s (+3.32%)
ZMK26 : 309.3s (-0.19%)
ZSX25 : 1112-6s (-1.70%)
ZSH26 : 1165-0 (+0.91%)
ZSK26 : 1179-2s (+0.83%)
MAY SOYBEAN OILSHARE - WALSH PURE SPREADER

WALSH PURE SPREADER - Pure Hedge Division

Corn Eases Lower on Wednesday

Corn futures posted losses of 2 to 3 cents across most contracts on Wednesday. Crude oil was flat most of the day, failing to provide some spillover support. The CmdtyView national average Cash Corn price...

ZCZ25 : 431-4s (-0.86%)
ZCK26 : 453-4s (+2.20%)
ZCH26 : 442-2 (+2.43%)
ZCPAUS.CM : 4.1197 (+2.42%)
Wheat Losses Push to Wednesday’s Close

The wheat complex was lower across the three exchanges on Wednesday. Chicago SRW futures were down 5 to 6 cents at the close. KC HRW futures were 5 to 7 cents lower on the session. MPLS spring wheat was...

KEK26 : 592-4s (+3.49%)
KEH26 : 585-2s (+3.54%)
MWH26 : 6.0925 (+1.75%)
ZWH26 : 582-6s (+2.82%)
ZWK26 : 583-6s (+2.73%)

Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Soft Signal Strength.

Key Turning Points

3rd Resistance Point 321.5
2nd Resistance Point 319.0
1st Resistance Point 314.4
Last Price 309.3s
1st Support Level 307.3
2nd Support Level 304.8
3rd Support Level 300.2

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52-Week High 339.0
Fibonacci 61.8% 319.6
Fibonacci 50% 313.5
Last Price 309.3s
Fibonacci 38.2% 307.5
52-Week Low 288.1

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