Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Stocks | Futures | Watchlist | More
or

Soybean Meal Dec '18 (ZMZ18)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [CBOT]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Soybean Meal Futures Market News and Commentary

Soy Market Lower across the Board

Soybeans were down on Thursday, with losses at the close as high as 5 cents in the front months. Soymeal futures were also lower, with a minus 10 cent/ton move. March soybean oil closed with a daily loss of 22 points. Estimates ahead of Friday’s Export Sales report have soybeans 600k to 1.2 MMT for the week ending 02/13. Soymeal bookings are expected to be between 200-400k MT, and traders anticipate tomorrow’s report to show 15-45k MT of soybean oil sales. US soybean planted acreage for 2020 is expected 85 million acres according to the USDA Ag Outlook Forum data released on Thursday morning. Brazilian farmers are enjoying the highest prices in more than 3 years in local currency terms, while harvesting a record large crop. This is unlikely to continue and is partly a mirage as the buying power of the Real declines. The Buenos Aires Grain Exchange Weekly Ag Report maintained the Argentina soybean estimate of 53.1 MMT, stating dryness around Santa Fe and Buenos Aires and excess moist... 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
$1,122/1,020
First Notice Date
11/30/18
Expiration Date
12/14/18 (expired)

Seasonal Chart

Soybean Meal Dec '18
Average Price Chart for 5 Prior Dec Contracts

Commitment of Traders Positions as of Feb 11, 2020

View Chart Details
Commercials - Long / Short
265,609 (-1,749)
247,484 (-4,029)
Non-Commercials - Long / Short
84,895 (+3,913)
120,030 (+5,355)
Producers - Long / Short
143,511 (-291)
219,396 (-8,117)
Swap Dealers - Long / Short
98,346 (-2,455)
4,336 (+3,091)
Managed Money - Long / Short
42,321 (+1,706)
109,461 (+5,633)
Other Reportables - Long / Short
42,574 (+2,207)
10,569 (-278)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
300.7 +2.89%
on 11/26/18
316.4 -2.21%
on 12/03/18
+3.7 (+1.21%)
since 11/14/18
3-Month
300.7 +2.89%
on 11/26/18
327.3 -5.47%
on 10/15/18
+0.7 (+0.23%)
since 09/14/18
52-Week
300.7 +2.89%
on 11/26/18
392.5 -21.17%
on 05/01/18
-17.3 (-5.30%)
since 12/14/17

More Soybean Meal Quotes

All Futures
Please wait...

Most Recent Stories

More News
Soy Complex

The soy complex remains lackluster. The market is waiting to see if and when China starts buying. The corona virus obviously has had an effect on the overall marketplace with many aspects of China Ag sector...

Corn Update

The sideways grind in corn continues. The near term outlook offers some hope for a rally. The market needs a shot in the arm of something fresh to move from this sideways grind.

Soy Market Lower across the Board

Soybeans were down on Thursday, with losses at the close as high as 5 cents in the front months. Soymeal futures were also lower, with a minus 10 cent/ton move. March soybean oil closed with a daily loss...

Corn Finishes In the Red

Corn futures traded closed on Thursday, with losses of 2 to 2 3/4 cents. Traders anticipate tomorrow’s delayed Export Sales report to show 0.7 to 1.1 MMT of old crop corn sales for the week ending 02/13....

Wheat Closes Lower on Thursday

The wheat market gave back more of the gains from earlier this week, closing with losses across the U.S. markets. Soft red wheat ended the day the firmest but still closed with 2 1/2 to 5 1/4 cent losses....

Turner’s Take Podcast: Ag Forum Acreage Estimates 94mm Corn and 85mm Soybeans

We go over the recent moves in the macro markets and the latest from the 2002 Ag Forum

Wheat - Just My Opinion

Wheat Advance Stumbles US Dollar Too Strong

Livestock Report

Cattle weak

Buy Bonds-Shun Stocks

My lean moving forward is to...

Soy Market Selling on Thursday

Soybeans are down 2 1/2 to 3 1/2 cents so far on Thursday. March soymeal futures are $0.10/ton higher. March soybean oil is trading 17 points lower. Estimates ahead of Friday’s Export Sales report have...

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 40% Sell with a Weakening short term outlook on maintaining the current direction.

Long term indicators fully support a continuation of the trend.

See More Share

Key Turning Points

2nd Resistance Point 309.7
1st Resistance Point 309.6
Last Price 309.4s
1st Support Level 309.1
2nd Support Level 308.7

See More

52-Week High 392.5
Fibonacci 61.8% 357.4
Fibonacci 50% 346.6
Fibonacci 38.2% 335.8
Last Price 309.4s
52-Week Low 300.7

See More

InsideFutures Commentary

InsideFutures is a twice weekly newsletter that features a selection of the latest and best commodities commentary appearing on Barchart.com. Delivered every Wednesday and Friday morning to your inbox.

Want to use this as
your default charts setting?
Learn about our Custom Templates
Switch the Market flag
above for targeted data.
Open the menu and switch the
Market flag for targeted data.
Get Streaming Chart Updates
Switch your Site Preferences
to Interactive Chart
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar