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 Mar '24 (ZMH24)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [CBOT]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
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

Soybeans Slip into the Close

Soybeans posted 4 to 6 cent losses across most contracts on Friday, as July was up 42 cents on the month. Soymeal saw mixed action with July up $1.10/ton and August down 60 ents. Soy Oil was down 20 points across the nearbys. 

Export Sales data showed bean bookings at 329,427 MT for the week of 5/23 on the higher side of estimates. That was a 17.9% jump on the week and more than double the same week last year. Most were sold to unknown destinations (147,800 MT), with 71,100 MT to China. New crop sales have yet to pick up, at just 6,921 MT for that week, with still 0 MT on the books for China. Meal sales were 265,544 MT for 23/24 sales in the week ending on May 23, with the next MY at 20,239 MT. Bean oil bookings were 10,249 MT, in the middle of trade estimates. 

CFTC data showed managed money spec funds trimming another 12,208 contracts from their net short in soybean futures and options in the week ending on 5/28. That took them to a net short 14,218 contracts as of Tue... 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
$2,310/2,100
First Notice Date
02/29/24
Expiration Date
03/14/24 (expired)

Seasonal Chart

Soybean Meal Mar '24
Average Price Chart for 5 Prior Mar Contracts

Commitment of Traders Positions as of May 28, 2024

View Chart Details
Commercials - Long / Short
170,310 (-2,352)
310,113 (+21,512)
Non-Commercials - Long / Short
167,296 (+13,299)
52,775 (-11,948)
Producers - Long / Short
75,423 (-2,756)
297,229 (+19,887)
Swap Dealers - Long / Short
88,954 (-597)
6,951 (+624)
Managed Money - Long / Short
146,866 (+11,545)
26,331 (-4,754)
Other Reportables - Long / Short
20,430 (+1,754)
26,444 (-7,194)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
326.7 +1.99%
on 02/27/24
352.4 -5.45%
on 02/20/24
-10.1 (-2.94%)
since 02/14/24
3-Month
326.7 +1.99%
on 02/27/24
401.8 -17.07%
on 12/18/23
-62.6 (-15.82%)
since 12/14/23
52-Week
326.7 +1.99%
on 02/27/24
445.1 -25.14%
on 11/13/23
-76.8 (-18.73%)
since 03/14/23

More Soybean Meal Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
5 Money-Smart Tips to Save More When You Spend

We can't do anything about inflation. But we can help you extract more value from your purchases, dodge fees, and find other ways to save at the register.

US Grain Exports Face Downward Revisions as Prices and Competition Shift

The USDA revising its forecast for corn and wheat exports downward, reflecting the broader landscape of shifting prices and global competition. In a report published on Wednesday, the agency forecasts...

Cattle Markets Break Down

Futures weaken, end week on sour note

Weakening El Niño, natural gas, and grain price action

Jim's video explains why grain and natural gas prices have recently collapsed again

NGN24 : 2.587s (+0.58%)
TGN24 : 34.223s (-3.20%)
UNG : 17.59 (+0.17%)
BOIL : 16.21 (+0.56%)
KOLD : 53.62 (-0.54%)
ZSU24 : 1184-4s (-0.40%)
SOYB : 25.27 (-0.08%)
ZCU24 : 454-0s (-0.82%)
CORN : 19.90 (-0.90%)
ZWU24 : 699-4s (-0.43%)
KEN24 : 708-6s (-0.11%)
WEAT : 6.32 (+0.16%)
Cattle & Hogs Flip On A key Fibonacci Retracement, Grains/Livestock Overview

Educational and Actionable information using Fibonacci and W.D. Gann analysis.

HEQ24 : 96.500s (+0.26%)
LEQ24 : 178.450s (-0.74%)
Soybeans Slip into the Close

Soybeans posted 4 to 6 cent losses across most contracts on Friday, as July was up 42 cents on the month. Soymeal saw mixed action with July up $1.10/ton and August down 60 ents. Soy Oil was down 20 points...

ZMN24 : 364.7s (+0.30%)
ZLN24 : 45.52s (-0.44%)
ZSN24 : 1205-0s (-0.39%)
ZSPAUS.CM : 11.4254 (-0.66%)
ZSQ24 : 1203-4s (-0.37%)
ZSX24 : 1184-4s (-0.46%)
ZSPX24US.CM : 11.2101 (-0.60%)
Wheat Close Out Month on Mixed Note

The wheat market closed with mixed action on Friday. Contracts in Chicago were steady to 3 cents lower on the day, with July up 75 cents on the month. Kansas City futures were fractionally lower in the...

ZWN24 : 678-4s (-0.37%)
ZWU24 : 699-4s (-0.43%)
KEN24 : 708-6s (-0.11%)
KEU24 : 723-2s (-0.03%)
MWN24 : 739-6s (-0.30%)
Corn Falls to May’s Monthly Close

Corn futures closed out the Friday session with contracts 2 to 6 cents lower. July was down just ½ cent over the entire month, as December was down 2 ½ cents. USDA’s Export Sales report showed 810,148...

ZCN24 : 446-2s (-0.56%)
ZCPAUS.CM : 4.2709 (-0.59%)
ZCU24 : 454-0s (-0.82%)
ZCZ24 : 467-0s (-0.85%)
ZCPZ24US.CM : 4.3794 (-0.89%)
Pure Hedge - Livestock and Grain

The Cattle and Soybeans Markets could fall apart.

Grain Spreads: Soy Complex Pressured

Weak Demand, Good Weather Pressure

Barchart Trading Guide

The Barchart Trading Guide is a Sell Signal with a Weak Signal Strength.

Key Turning Points

3rd Resistance Point 333.2
2nd Resistance Point 333.2
1st Resistance Point 333.2
Last Price 333.2s
1st Support Level 333.2
2nd Support Level 333.2
3rd Support Level 333.2

See More

52-Week High 445.1
Fibonacci 61.8% 399.9
Fibonacci 50% 385.9
Fibonacci 38.2% 371.9
Last Price 333.2s
52-Week Low 326.7

See More

Solutions for Grain Market Professionals barchart.com/cmdty
Commodity Price Reports
Get Free Access!
cmdtyView for Ag marketers and merchandisers
Start Free Trial
We help Agribusinesses make better decisions
Learn Now
Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar