Soybean Meal Sep '26 (ZMU26)
Soybean Meal Futures Market News and Commentary
Soybeans posted front month buying on Wednesday, as contracts were 11 ¾ to 16 ¼ cents higher across the nearbys and up 7 ¾ to 9 ¾ cents in the deferreds. The rally to $12.38 in the August contract hit the highest level since May 2024. The cmdtyView national average Cash Bean price was up 15 1/2 cents at $11.99 1/2. Soymeal futures were $4.90 to $5.60 higher, with Soy Oil futures rallying 66 to 119 points.Â
Weekly Export Sales data from USDA is expected to show net cancellations of 200,000 MT to sales of 400,000 MT in the week of 7/16. Sales for 2026/27 are seen between 1-1.8 MMT. Meal sales are estimated to total 100,000 to 575,000 MT, with bean oil between net reductions of 10,000 MT to sales of 10,000 MT.
The 7-day QPF from NOAA showed a band of 1 to 2 inches of rain in parts of NE, KS, and MO, as well as OH in the next week. The Dakotas, MN, WI, IA, IL, and IN remain on the drier side, with less than 0.5 inches expected.
ANEC estimates the Brazilian soybean expo... Read more
Barchart · 48 minutes ago
Corn futures rallied 8 to 9 1/2 cents into the Wednesday close, holding within 2 cents of the intraday highs across most contracts. Deferred contracts...
Barchart · 48 minutes ago
Soybeans posted front month buying on Wednesday, as contracts were 11 ¾ to 16 ¼ cents higher across the nearbys and up 7 ¾ to 9 ¾ cents in the deferreds....
Barchart · 48 minutes ago
The wheat complex led the grain rally again on Wednesday as the KC complex led the way to fresh highs. Chicago SRW contracts were the highest since 2024...
Walsh Trading · Wed Jul 22, 3:29PM CDT
Low-Cost Trades, With Limited Risk
Barchart · Wed Jul 22, 12:02PM CDT
The wheat complex is posting a sharp rally on Wednesday with support from the Black Sea conflict. Chicago SRW contracts are 25 to 27 cents higher is most...
Barchart · 47 minutes ago
Live cattle futures continued the liquidation, with contracts down $3.02 to $4.10 across the board. Futures hit fresh 2026 lows on the day. Cash trade...
Barchart · 47 minutes ago
Corn futures rallied 8 to 9 1/2 cents into the Wednesday close, holding within 2 cents of the intraday highs across most contracts. Deferred contracts...
Barchart · 47 minutes ago
Soybeans posted front month buying on Wednesday, as contracts were 11 ¾ to 16 ¼ cents higher across the nearbys and up 7 ¾ to 9 ¾ cents in the deferreds....
Barchart · 47 minutes ago
Lean hog futures saw gains of 20 to 75 cents across most contracts, with August the exception, down a nickel. USDA’s national base hog price was reported...
Barchart · 47 minutes ago
Cotton futures saw gains of 42 to 91 points across most contracts on Wednesday session. Crude oil is up another $2.14 per barrel, with the US dollar index...
Barchart · 47 minutes ago
The wheat complex led the grain rally again on Wednesday as the KC complex led the way to fresh highs. Chicago SRW contracts were the highest since 2024...
Barchart · Wed Jul 22, 3:35PM CDT
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.14%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.01%, and the Nasdaq 100...
Barchart · Wed Jul 22, 3:32PM CDT
Intuitive Surgical stock sinks as FDA announces marketing authorization for Johnson & Johnson’s Ottava platform. Here’s why the news is largely bearish...