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Soybean Meal Dec '19 (ZMZ19)

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Soybean Meal Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Soybean Meal prices and Soybean Meal futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Wed, Feb 19th, 2020.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Soybean Meal Historical Prices page.

Soybean Meal Futures Market News and Commentary

Soybeans Close with Losses

Soybeans were lower on Tuesday, with front months down as much as 1 1/2 cents at the close. Soymeal futures were $1.10/ton higher, but March soybean oil futures fell 9 points. NOPA crushers used 176.94 mbu of soybeans in January. That was 1.2% higher than December’s crush, and 3% yr/yr for a new January record; the Jan crush is also an all-time high for any month. Soybean oil stocks were at 2.012 billion lbs at the end of January. That was a 14.5% increase over December, a 29.9% increase yr/yr, and the largest stocks since April of ’08. Soybean exports from this morning’s USDA Export Inspections report were 54.9% higher wk/wk to 992,294 MT. The week’s soybean exports were below the same week last year by 8.42%. Mexico was the top destination for the week’s soybeans with China a close second, collectively 42.33% of the week’s soybean shipments were to the two nations. Accumulated soybean exports are 1.039 bbu through the week ending 02/13, which is 18.75% above last year’s pace. Chin... Read more

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