Soybean Meal Sep '25 (ZMU25)
Soybean Meal Futures Market News and Commentary
Soybeans fell 18 ¾ to 40 ½ cents across the board on Monday, with weaker products and an improving forecast playing a role. The cmdtyView national average Cash Bean price was 39 1/2 cents lower at $11.74 1/4. Soymeal futures were $5.50 to $11.10 lower, with Soy Oil futures down 104 to 287 points. Crude oil was down $7.40 to add pressure.Â
The Monday Crop Progress data from NASS showed 80% of the US soybean crop blooming by 7/26, up 6% from normal, with 47% setting pods and 8 percentage points faster than the 5-year average. Condition ratings were down 3% at 63% gd/ex, with the Brugler500 index dropping 6 points to 363.
The weekly Export Inspections report showed soybean shipments of 348,850 MT (12.82 mbu) in the week of 7/23. That was a 9.3% increase from the week prior but 18.5% below the same week last year. Mexico was the largest destination of 88,217 MT, with 65,154,620 MT shipped to Egypt and 57,290 MT to Japan. Shipments for the marketing year are now at 38.97 MMT... Read more
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Corn futures were in retreat mode on Monday with contracts down 2 ½ to 13 ½ cents, across the board, led be the front months. Contracts were pressured...
Barchart · Mon Jul 27, 5:16PM CDT
The wheat complex joined in on the rest of the commodity losses on Monday. Chicago SRW contracts were 11 to 18 cents in the red. KC HRW futures closed...
Barchart · Mon Jul 27, 5:16PM CDT
Soybeans fell 18 ¾ to 40 ½ cents across the board on Monday, with weaker products and an improving forecast playing a role. The cmdtyView national average...
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Barchart · Mon Jul 27, 5:16PM CDT
Corn futures were in retreat mode on Monday with contracts down 2 ½ to 13 ½ cents, across the board, led be the front months. Contracts were pressured...
Barchart · Mon Jul 27, 5:16PM CDT
The wheat complex joined in on the rest of the commodity losses on Monday. Chicago SRW contracts were 11 to 18 cents in the red. KC HRW futures closed...
Barchart · Mon Jul 27, 5:16PM CDT
Soybeans fell 18 ¾ to 40 ½ cents across the board on Monday, with weaker products and an improving forecast playing a role. The cmdtyView national average...
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