or
Faster, Cleaner, Better.

Soybean Meal Jul '23 (ZMN23)

430.0s -0.9 (-0.21%) 07/14/23 [CBOT]
N/A x N/A N/A x N/A
underlying price ()
Quote Overview for Fri, Jul 14th, 2023
Day Low
426.8
Day High
430.0
Open 426.8
Previous Close 430.9 430.9
Volume 1 1
Open Interest 0 0
Stochastic %K 77.95% 77.95%
Weighted Alpha +9.15 +9.15
5-Day Change +20.4 (+4.98%) +20.4 (+4.98%)
52-Week Range 372.8 - 486.9 372.8 - 486.9
  • 1D
  • 5D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
  • MAX
Full Chart
  • OHLC Bars
  • Colored OHLC Bars
  • HLC Bars
  • Candlestick Hollow
  • Candlestick Open-to-Close
  • Candlestick Close-to-Close
  • Heikin-Ashi
  • Line Chart
  • Area Chart
  • Renko
  • Column
  • Baseline
  • Line Break
  • Range
  • Kagi
  • Point And Figure

Soybean Meal Futures Market News and Commentary

Soybeans Extending Pop on Thursday, Pulled Along by BO

Soybeans are up 7 to 8 cents across most nearby contracts at midday on Thursday. Futures are extending gains from the Wednesday rally, when contracts were up 18 to 19 cents at the close. Preliminary open interest showed new buying interest, up 8,888 contracts. The cmdtyView national average new crop Cash Bean price is up 5 ¼ cents today at $9.785. Soymeal futures are drifting $1.30/ton lower today, while Soy Oil is sharply higher.  BO futures are up 1.45 to 1.55 cents per pound on firm energy prices and decent export sales.  

Analysts expected to see between 200,000 and 600,000 MT of 2024/25 soybean business in the week ending on July 10. New crop export sales were seen at 400,000-900,000 MT. Meal export sales were expected to total between 200,000 MT and 700,000 for the two marketings years, with Bean oil business 0 to 23,000 MT.

This morning, USDA indicated that old crop bean sales totaled 271,900 MT for the week ending July 10, with net sales of 529,600 MT for 2025/26... 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
$1,870/1,700
First Notice Date
06/30/23
Expiration Date
07/14/23 (expired)

Seasonal Chart

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

Commitment of Traders Positions as of Jul 8, 2025

View Chart Details
Commercials - Long / Short
338,456 (+11,967)
276,102 (+10,219)
Non-Commercials - Long / Short
114,859 (-2,649)
200,460 (-3,859)
Producers - Long / Short
210,250 (+9,676)
259,943 (+8,439)
Swap Dealers - Long / Short
113,275 (+775)
1,228 (+264)
Managed Money - Long / Short
51,426 (-4,319)
176,516 (-5,101)
Other Reportables - Long / Short
63,433 (+1,670)
23,944 (+1,242)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
386.5 +11.25%
on 06/15/23
Period Open: 389.7
441.2 -2.54%
on 06/21/23
+40.3 (+10.34%)
since 06/14/23
3-Month
386.3 +11.31%
on 05/31/23
Period Open: 456.8
468.2 -8.16%
on 04/18/23
-26.8 (-5.87%)
since 04/14/23
52-Week
372.8 +15.34%
on 07/22/22
Period Open: 392.0
486.9 -11.69%
on 03/07/23
+38.0 (+9.69%)
since 07/14/22

More Soybean Meal Quotes

All Futures Prices
Please wait...
Please wait...
false

Most Recent Stories

More News
A Mostly Choppy Trade on Thursday With a Few Markets Catching Our Eyes

Commodity markets were choppy on Thursday with a mixed finish in grains and a sluggish day in cattle. However, there were two commodities that caught our eye and could provide some opportunity to round...

Chart of the Day - December Soybean Oil

23 month high close as bulls continue to push this market higher

Plus500 Makes Futures Trading Truly Accessible: Low Margins and Up to $200 in a Commission-Free Bonus!

Trade the most popular US futures of 2025: Agricultural Commodities, Indices, Crypto, Metals, Forex, and more! Join over 30 million people worldwide who trust Plus500. Start trading today with a deposit as low as $100!

Walsh Pure Technicals – Pure Hedge Division

Grain Technicals

Wheat Futures Lower in Chicago, KC and Minneapolis Markets

The wheat market is continuing the slide that began on July 3 in the Chicago market, apparently bent on re-testing the May low ($5.21 ¼ Sept). At midday, CBT prices are 8 cents per bushel lower. KC contracts...

KEZ25 : 540-0s (-0.96%)
KEU25 : 517-4s (-1.00%)
MWU25 : 5.9500s (-0.75%)
ZWU25 : 533-4s (-1.43%)
ZWZ25 : 554-2s (-1.34%)
Soybeans Extending Pop on Thursday, Pulled Along by BO

Soybeans are up 7 to 8 cents across most nearby contracts at midday on Thursday. Futures are extending gains from the Wednesday rally, when contracts were up 18 to 19 cents at the close. Preliminary open...

ZSPAUS.CM : 9.8313 (+0.77%)
ZLZ25 : 56.15s (+2.69%)
ZMZ25 : 283.5s (unch)
ZSX25 : 1026-4s (+0.59%)
ZSQ25 : 1021-4s (+0.79%)
ZSU25 : 1012-0s (+0.62%)
ZSPX25US.CM : 9.6818 (+0.61%)
A Thursday Fade?  Corn Fractionally Lower at Midday After Wednesday Rally

Corn is trading both sides of UNCH as we head into midday on Thursday. Smaller than anticipated weekly export sales from last week were the bearish input behind some early weakness. Futures were 4 to...

ZCZ25 : 421-0s (-0.71%)
ZCZ25 : 421-0s (-0.71%)
ZCU25 : 402-0s (-0.80%)
ZCPZ25US.CM : 3.8812 (-0.75%)
ZCPAUS.CM : 3.8840 (-0.85%)
Soybeans Lead the Charge Higher on Wednesday. Can the Rally Continue?

Soybeans had an impressive move higher in Wednesday's trade. Can the rally continue or will a cluster of technical barriers keep the market in check?

Corn Is Rebounding From the Lows: How Much Higher Can Prices Go?

December corn futures present a value-buying opportunity on more price strength.

ZCZ25 : 421-0s (-0.71%)
Wheat Leaking Lower on Thursday AM Trade

The wheat market is continuing to slide lower, as contracts are facing another round of early morning weakness. Wheat posted mixed trade on Wednesday, with most contracts hard red contracts lower and soft...

KEZ25 : 540-0s (-0.96%)
KEU25 : 517-4s (-1.00%)
MWU25 : 5.9500s (-0.75%)
ZWU25 : 533-4s (-1.43%)
ZWZ25 : 554-2s (-1.34%)
Is it Time for the "Heat Unit" Hens to Start Cackling?

Another cool summer morning will likely bring with it the usual cackling over the lack of heat units for the US corn crop.

ZCZ25 : 421-0s (-0.71%)
ZWU25 : 533-4s (-1.43%)
ZSX25 : 1026-4s (+0.59%)
MWU25 : 5.9500s (-0.75%)
ZCU25 : 402-0s (-0.80%)
$CNSI : 970.19 (+1.97%)
KEU25 : 517-4s (-1.00%)
Corn Bulls Post Gains on Wednesday

Corn futures extended the strength on Wednesday, as contracts were 4 to 5 cents in the green at the final bell. The front month CmdtyView national average Cash Corn price was up 4 1/4 cents at $3.92 3/4....

ZCZ25 : 421-0s (-0.71%)
ZCZ25 : 421-0s (-0.71%)
ZCU25 : 402-0s (-0.80%)
ZCPZ25US.CM : 3.8812 (-0.75%)
ZCPAUS.CM : 3.8840 (-0.85%)
Soybeans Rally at Midweek

Soybeans were in rally mode on Wednesday, with the $10 area holding. Contracts were up 18 to 19 cents at the close. The cmdtyView national average Cash Bean price is up 19 cents at $9.75 1/4. Soymeal futures...

ZSPAUS.CM : 9.8313 (+0.77%)
ZLZ25 : 56.15s (+2.69%)
ZMZ25 : 283.5s (unch)
ZSX25 : 1026-4s (+0.59%)
ZSQ25 : 1021-4s (+0.79%)
ZSU25 : 1012-0s (+0.62%)
ZSPX25US.CM : 9.6818 (+0.61%)
Wheat Sees Modestly Mixed Trade on Wednesday

Wheat posted mixed trade on Wednesday, with most contracts hard red contracts lower and soft red heading higher. Chicago SRW wheat was mostly 3 to 4 higher, vs. losses on Tuesday. KC HRW futures were fractionally...

KEZ25 : 540-0s (-0.96%)
KEU25 : 517-4s (-1.00%)
MWU25 : 5.9500s (-0.75%)
ZWU25 : 533-4s (-1.43%)
ZWZ25 : 554-2s (-1.34%)
WALSH PURE SPREADER - Pure Hedge Division

SEP-DEC CORN SPREAD (ZCU25 – ZCZ25)

Walsh Pure Supply & Demand - Pure Hedge Division

A look at soybean supply and demand, following Friday's WASDE report. And options trading opportunities in the soybean complex.

Shootin' the Bull and rambling

Cattle feeders are fighting for market share, assuming risks of significant projected losses, in an exceptionally wide positive basis.

Grain Spreads: Feeders Versus Soymeal

Live Cattle Vs Corn Discussed

Wheat Prices Turning Mixed at Midday on Wednesday

Wheat is showing mostly higher price action on Wednesday, with most contracts on the plus side in all three exchanges early but fading as we neared noon in Chicago. Chicago SRW wheat is mostly 4 to 5 higher,...

KEZ25 : 540-0s (-0.96%)
KEU25 : 517-4s (-1.00%)
MWU25 : 5.9500s (-0.75%)
ZWU25 : 533-4s (-1.43%)
ZWZ25 : 554-2s (-1.34%)
Soybeans Up Double Digits on Wednesday

Soybeans are 15 to 18 cents higher heading into midday on Wednesday. Futures slipped lower on Tuesday, settling 5 to 6 cents in the red. Tuesday’s preliminary open interest was up 5,374 contracts, hinting...

ZSPAUS.CM : 9.8313 (+0.77%)
ZLZ25 : 56.15s (+2.69%)
ZMZ25 : 283.5s (unch)
ZSX25 : 1026-4s (+0.59%)
ZSQ25 : 1021-4s (+0.79%)
ZSU25 : 1012-0s (+0.62%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 434.3
2nd Resistance Point 432.1
1st Resistance Point 431.1
Last Price 430.0s
1st Support Level 427.9
2nd Support Level 425.7
3rd Support Level 424.7

See More

52-Week High 486.9
Fibonacci 61.8% 443.3
Last Price 430.0s
Fibonacci 50% 429.8
Fibonacci 38.2% 416.4
52-Week Low 372.8

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
Chart Patterns That Actually Work: Proven Setups Traders Use to Win