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Soybean Meal Dec '25 (ZMZ25)

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Soybean Meal Futures Market News and Commentary

Soybeans Ticking Higher at Tuesday’s Midday

Soybeans are showing fractional gains so far on Tuesday. The cmdtyView national average Cash Bean price is 3/4 cent lower at $9.87 1/2. Soymeal futures are up $1.50 to $2.60 at midday, with Soy Oil futures 20 points higher. 

USDA reported a private export sale of 190,000 MT of soybean meal to the Philippines this morning.

Monday morning’s Export Inspections report showed 1.34 MMT (49.1 mbu) of soybeans shipped in the week of 1/15. That was 16.1% below the week prior but 35.1% larger than the same week last year. China was as the largest destination of 611,983 MT, with 116,120 MT shipped to Germany and 106,120 MT to Mexico. The marketing year total is now 19.335 MMT (710.44 mbu) of soybeans shipped, which is now 40.2% below the same period last year.

The weekly Commitment of Traders report on Friday afternoon showed spec traders in soybean futures and options slashing another 44,756 contracts from their net long to 12,961 contracts as of 1/13. 

Brazilian soybe... Read more

Contract Specifications

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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
$1,705/1,550
First Notice Date
11/28/25
Expiration Date
12/12/25 (expired)

Seasonal Chart

Soybean Meal Dec '25
Average Price Chart for 5 Prior Dec Contracts

Commitment of Traders Positions as of Jan 13, 2026

View Chart Details
Commercials - Long / Short
269,497 (+9,069)
282,986 (+23,608)
Non-Commercials - Long / Short
111,971 (+11,589)
111,214 (-1,626)
Producers - Long / Short
152,161 (+9,448)
266,289 (+23,904)
Swap Dealers - Long / Short
108,388 (-477)
7,749 (-394)
Managed Money - Long / Short
70,675 (+5,970)
91,710 (+2,812)
Other Reportables - Long / Short
41,296 (+5,619)
19,504 (-4,438)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
296.9 +1.25%
on 12/10/25
331.7 -9.38%
on 11/17/25
-20.4 (-6.36%)
since 11/12/25
3-Month
270.1 +11.29%
on 10/01/25
331.7 -9.38%
on 11/17/25
+12.0 (+4.16%)
since 09/12/25
52-Week
270.1 +11.29%
on 10/01/25
334.1 -10.03%
on 01/02/25
-9.0 (-2.91%)
since 12/12/24

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Soybeans Ticking Higher at Tuesday’s Midday

Soybeans are showing fractional gains so far on Tuesday. The cmdtyView national average Cash Bean price is 3/4 cent lower at $9.87 1/2. Soymeal futures are up $1.50 to $2.60 at midday, with Soy Oil futures...

ZSPAUS.CM : 9.8180 (-0.56%)
ZLH26 : 52.56s (-0.10%)
ZMH26 : 291.6s (+0.55%)
ZSX25 : 1112-6s (-1.70%)
ZSH26 : 1053-0s (-0.45%)
ZSK26 : 1064-0s (-0.44%)
Corn Sticking Close to Unchanged on Tuesday

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ZCH26 : 423-6s (-0.24%)
ZCPAUS.CM : 3.8594 (-0.30%)
Wheat Falling Lower on Tuesday

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KEK26 : 534-4s (-0.70%)
KEH26 : 523-0s (-0.81%)
MWH26 : 5.6200s (-0.53%)
ZWH26 : 510-2s (-1.50%)
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ZCH26 : 423-6s (-0.24%)
ZMH26 : 291.6s (+0.55%)
KEH26 : 523-0s (-0.81%)
ZWH26 : 510-2s (-1.50%)
ZMH26 : 291.6s (+0.55%)
KEH26 : 523-0s (-0.81%)
ZSH26 : 1053-0s (-0.45%)
ZCH26 : 423-6s (-0.24%)
ZSH26 : 1053-0s (-0.45%)
ZWH26 : 510-2s (-1.50%)
ZLH26 : 52.56s (-0.10%)
Soybeans Easing Back Lower on Tuesday Morning

Soybeans are slipping back 1 to 2 cents so far on Tuesday AM trade. Futures posted 4 to 5 cent gains across most contracts on Friday, as March was down just 4 ¾ cents on the week. Friday’s preliminary...

ZSPAUS.CM : 9.8180 (-0.56%)
ZLH26 : 52.56s (-0.10%)
ZMH26 : 291.6s (+0.55%)
ZSX25 : 1112-6s (-1.70%)
ZSH26 : 1053-0s (-0.45%)
ZSK26 : 1064-0s (-0.44%)
Wheat Pulling Back to Come Out of the Long Weekend

Wheat is trading lower across the winter wheat contracts on Tuesday morning, with spring wheat steady. The wheat complex rallied into the long weekend with gains across the three markets. Chicago SRW futures...

KEK26 : 534-4s (-0.70%)
KEH26 : 523-0s (-0.81%)
MWH26 : 5.6200s (-0.53%)
ZWH26 : 510-2s (-1.50%)
ZWK26 : 521-6s (-1.32%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 300.6
2nd Resistance Point 300.6
1st Resistance Point 300.6
Last Price 300.6s
1st Support Level 300.6
2nd Support Level 300.6
3rd Support Level 300.6

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52-Week High 334.1
Fibonacci 61.8% 309.7
Fibonacci 50% 302.1
Last Price 300.6s
Fibonacci 38.2% 294.5
52-Week Low 270.1

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