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 | News | More
or

Soybean Meal Dec '24 (ZMZ24)

[[ 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 Falls into Tuesday’s Close

Soybeans faced pressure on Tuesday as contracts were down 3 ¼ to 8 ¾ cents across the board. CmdtyView’s national front month Cash Bean price wawas down 6 3/4 cents at $9.12.  Soymeal futures were down 70 cents $3/ton on the day. Soy Oil saw some recovery, with 4 to 13 point gains across the board.

The average close for November soybean futures so far in October is $10.05. That is $1.50 below the February base insurance price.

Crop Progress data indicated the US soybean harvest at 89% complete by Sunday, 11% ahead of the 5-year average pace of 78%. Across the 18 major States USDA reports, each were reported with faster than average pace.

Rains in South America and more in the forecast added some pressure. Brazil’s soybean exports for October are expected to total 4.58 MMT according to ANEC estimates, down 0.05 MMT from last week’s number and below the 5.53 MMT from last year.

Nov 24 Soybeans  closed at $9.65 1/4, down 8 3/4 cents,

Nearby Cash  was $9.12... 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
11/29/24 (30 days)
Expiration Date
12/13/24 (44 days)

Seasonal Chart

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

Commitment of Traders Positions as of Oct 22, 2024

View Chart Details
Commercials - Long / Short
250,687 (+11,336)
342,545 (+14,372)
Non-Commercials - Long / Short
151,196 (+4,088)
82,728 (-2,495)
Producers - Long / Short
123,677 (+8,440)
321,787 (+12,135)
Swap Dealers - Long / Short
108,998 (+1,310)
2,746 (+651)
Managed Money - Long / Short
124,925 (-62)
67,897 (-503)
Other Reportables - Long / Short
26,271 (+4,150)
14,831 (-1,992)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
300.7 +0.30%
on 10/30/24
351.6 -14.22%
on 10/01/24
-40.0 (-11.71%)
since 09/30/24
3-Month
298.5 +1.04%
on 08/14/24
351.6 -14.22%
on 10/01/24
-16.4 (-5.16%)
since 07/30/24
52-Week
298.5 +1.04%
on 08/14/24
417.4 -27.74%
on 11/08/23
-87.7 (-22.53%)
since 10/30/23

More Soybean Meal Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Cattle are Waving Red Flags

Cattle are throwing up warning sings, today was a red flag day for these warnings.

Corn Sees Turnaround Tuesday Bounce

Corn futures closed out the Tuesday trade session with contracts steady to 3 cents higher across the board, led by the front months. The national average Cash Corn price from cmdtyView was up 3 1/2 cents...

ZCPAUS.CM : 3.8024 (-0.37%)
ZCZ24 : 412-2 (-0.36%)
ZCZ24 : 412-2 (-0.36%)
ZCH25 : 426-0 (-0.23%)
Soybeans Falls into Tuesday’s Close

Soybeans faced pressure on Tuesday as contracts were down 3 ¼ to 8 ¾ cents across the board. CmdtyView’s national front month Cash Bean price wawas down 6 3/4 cents at $9.12. Soymeal futures were...

ZLZ24 : 43.39 (+1.38%)
ZMZ24 : 301.6 (-0.07%)
ZSPAUS.CM : 9.1573 (+0.40%)
ZSX24 : 969-2 (+0.41%)
ZSX24 : 969-2 (+0.41%)
ZSF25 : 983-0 (+0.41%)
Wheat Rallies on Weaker Condition Ratings

The wheat complex posted some recovered strength across all three exchanges on Tuesday. Chicago SRW futures were up 6 to 11 3/4 cents on the day. KC HRW contracts posted gains of 11 3/4 to 13 cents. MPLS...

KEH25 : 580-6 (-1.32%)
MWZ24 : 601-0 (-0.91%)
KEZ24 : 566-6 (-1.31%)
ZWZ24 : 565-0 (-0.96%)
ZWH25 : 585-4 (-0.85%)
Grain Spreads: Hedge Ideas Corn, Soybeans

450 May Corn, 10.00 Soybeans Eyed

Tuesday Provided a Mixed Trade for Grain and Livestock Markets

Corn and wheat were higher in Tuesday's trade while beans struggled. Cattle futures gave background while lean hogs powered to new contract highs.

Shootin' the Bull about taking it away quick

Traders knocked out all but $.60 of the past two weeks of higher trading, up to today

Corn Getting a Turnaround Tuesday Bounce

Corn futures are trading with 2 to 3 ½ cent gains at midday on Tuesday. The national average Cash Corn price from cmdtyView is up 3 1/2 cents at $3.82 3/4 per bu. Weekly Crop Progress data showed 81%...

ZCPAUS.CM : 3.8024 (-0.37%)
ZCZ24 : 412-2 (-0.36%)
ZCZ24 : 412-2 (-0.36%)
ZCH25 : 426-0 (-0.23%)
Soybeans Falling at Tuesday’s Midday

Soybeans are facing some continued weakness on Tuesday, with contracts steady to 4 cents lower so far on the day. CmdtyView’s national front month Cash Bean price is down 2 1/4 cents at $9.16. Soymeal...

ZLZ24 : 43.39 (+1.38%)
ZMZ24 : 301.6 (-0.07%)
ZSPAUS.CM : 9.1573 (+0.40%)
ZSX24 : 969-2 (+0.41%)
ZSX24 : 969-2 (+0.41%)
ZSF25 : 983-0 (+0.41%)
Wheat Rallying on Weaker Than Expected Condition Ratings

The wheat complex is seeing some recovered strength across all three exchanges so far on Tuesday. Chicago SRW futures are up 12 to 14 cents on the day. KC HRW contracts are showing gains of 15 to 16 cents....

KEH25 : 580-6 (-1.32%)
MWZ24 : 601-0 (-0.91%)
KEZ24 : 566-6 (-1.31%)
ZWZ24 : 565-0 (-0.96%)
ZWH25 : 585-4 (-0.85%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 310.9
2nd Resistance Point 308.7
1st Resistance Point 305.3
Last Price 301.6
1st Support Level 299.7
2nd Support Level 297.5
3rd Support Level 294.1

See More

52-Week High 417.4
Fibonacci 61.8% 372.0
Fibonacci 50% 358.0
Fibonacci 38.2% 343.9
Last Price 301.6
52-Week Low 298.5

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.
Use your up/down arrows to move through the symbols.

Free Barchart Webinar