Soybean Meal Jul '24 (ZMN24)
Soybean Meal Futures Market News and Commentary
Soybeans are up 12 to 17 cents in most contracts on Thursday. The cmdtyView national average Cash Bean price is up 13 1/4 cents at $10.72 1/2. Soymeal futures are up $2.40 to $2.70 in the nearbys, with Soy Oil futures back up 55 to 70 points.Â
Precip heading into July is limited in portions of NE, SD, IA, the southern portions of MN/WI as well as the northern areas of the Eastern Corn Belt according to the NOAA 7-day QPF. Rain totals of 1 to 3 inches are seen in much of the ECB.Â
Export Sales data from this morning indicated 455,405 MT of 2025/26 soybean sales in the week of June 18, on the high side of estimate of between 100,000 to 500,000 MT. That was a 12 week high for old crop business and 13.02% larger than the same week last year. Sales for the new crop marketing year in the week ending were tallied at 902,159 MT, which fell between 0.45 to 1 MMT estimates. That was a marketing year high and well above the same week last year.Â
Soybean meal sales were talli... Read more
Barchart · 40 minutes ago
Soybeans are up 12 to 17 cents in most contracts on Thursday. The cmdtyView national average Cash Bean price is up 13 1/4 cents at $10.72 1/2. Soymeal...
Barchart · 40 minutes ago
Corn futures are showing 4 to 5 cent gains in most contracts on Thursday. The CmdtyView national average Cash Corn price is 4 1/2 cents higher at $3.83....
Barchart · 40 minutes ago
The wheat complex is mixed on Thursday. Chicago SRW contracts are fractionally higher at midday. Open interest dropped 11,876 contracts on Wednesday. KC...
Barchart · Thu Jun 25, 10:38AM CDT
September soybean oil futures present a selling opportunity on more price weakness.
Barchart · Thu Jun 25, 7:21AM CDT
Corn price action is showing contracts within a penny of unchanged across the nearby contracts. Futures posted losses of 1 to 2 ¾ cents in the front months,...
Barchart · Thu Jun 25, 7:21AM CDT
Soybeans are trading with 1 to 2 cent gains on Thursday morning. Futures faded lower into the Wednesday close, with contracts down 6 ¾ to 9 cents on the...
Barchart · 4 minutes ago
With both the Power and Electrification segments benefiting from long-term trends, GE Vernova’s growth outlook remains favorable.
Barchart · 8 minutes ago
Nancy Pelosi disclosed a new Intel position, but investors should focus on the chipmaker’s turnaround, valuation, and earnings momentum.
Barchart · 21 minutes ago
Warner Bros. Discovery’s July 30 $28 call had the highest Vol/OI ratio yesterday. The unusual options activity in this call and one other suggests someone...
Barchart · 38 minutes ago
Soybeans are up 12 to 17 cents in most contracts on Thursday. The cmdtyView national average Cash Bean price is up 13 1/4 cents at $10.72 1/2. Soymeal...
Barchart · 38 minutes ago
Live cattle futures are mixed, with nearby June up $1 and other contracts anywhere from 15 cents higher to 35 cents lower. Cash trade saw some very light...
Barchart · 38 minutes ago
Cotton futures are trading with most contracts 50 to 85 points higher, as nearby July is down 187 points. Crude oil is down another $1.09 /bbl to $71.43....
Barchart · 38 minutes ago
Lean hog futures are trading with July down 60 cents and other contracts up 12 to 35 cents. USDA’s national base hog price was not reported by USDA this...
Barchart · 38 minutes ago
Corn futures are showing 4 to 5 cent gains in most contracts on Thursday. The CmdtyView national average Cash Corn price is 4 1/2 cents higher at $3.83....