Soybean Meal Jul '18 (ZMN18)
Commitment of Traders Positions as of Aug 14, 2018View Chart
Price PerformanceSee More
|Period||Period Low||Period High||Performance|
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-18.9 (-5.44%)since 06/13/18
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-58.0 (-14.99%)since 04/13/18
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-1.6 (-0.48%)since 07/13/17
More Soybean Meal QuotesAll Futures
Agricharts Market Commentary
Soybean futures saw fractional to 1 1/4 cent gains in most contracts on Monday. Those gains were limited by rains rolling across the Midwest. Later in the afternoon, President Trump stated he does not expect much out of this week’s talks and has “no time frame” for coming to an agreement with China. Nearby soy meal was down $1.90/ton, with soy oil up 31 points. Export Inspections of soybeans in the week of 8/16 totaled 639,001 MT. That was 4.5% lower than the same time of last year, but 9.9% larger than the previous week. Accumulated YTD exports are now 3.2% lower than the same time last year, as we head into the last 2 weeks of the MY. The Monday afternoon Crop Progress report indicated that 91% of the US soybean crop was setting pods vs. the average of 83%. Crop ratings were down 1% to 65% gd/ex, while the Brugler500 Index lost 2 points to 367.Sep 18 Soybeans closed at $8.81 3/4, up 1/4 cent,Nov 18 Soybeans closed at $8.93 1/4, up 1/2 cent,Jan 19 Soybeans closed at $9.05 3/4, up 3/4 cent,May 19 Soybeans closed at $9.27 1/4, up 1 1/4 cents,Sep 18 Soybean Meal closed at $328.20, down $1.90,Sep 18 Soybean Oil closed at $28.54, up $0.31
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