or

Soybean Meal Jul '24 (ZMN24)

368.5s -9.9 (-2.62%) 07/12/24 [CBOT]
N/A x N/A N/A x N/A
underlying price ()
News & Headlines for Fri, Jul 12th, 2024
Grain Spreads: Bean Oil leads Complex

Bean Oil Provides Support.

Soybeans Posting Mixed Friday Trade

The soybean market is slipping 1 to 2 cents in the front months and showing 1 ½ gains in November. CmdtyView’s national front month Cash Bean price down 2 cents at $10.03 ¾. Soymeal futures are up...

ZSPX25US.CM : 9.7233 (-0.08%)
ZLN25 : 49.81s (-0.52%)
ZMN25 : 298.5s (+0.61%)
ZSPAUS.CM : 10.0273 (-0.30%)
ZSK25 : 1049-6s (-0.31%)
ZSX25 : 1035-0s (-0.05%)
ZSN25 : 1059-2s (-0.26%)
Corn Mixed at Midday

The corn market is trading with contracts steady to 1 ½ cents higher in the nearbys and a penny lower in December. The nearby CmdtyView national average Cash Corn price was is up 1 1/2 cents at $4.52....

ZCZ25 : 455-6s (-0.16%)
ZCPAUS.CM : 4.5226 (+0.42%)
ZCPZ25US.CM : 4.2298 (-0.17%)
ZCK25 : 478-6s (+0.31%)
ZCN25 : 485-4s (+0.31%)
Wheat Edging Out Gains on Friday

Wheat is trading with gains so far on Friday across the three markets. Chicago SRW futures are fractionally higher at midday. Kansas City HRW contracts are showing fractional gains. MPLS spring wheat is...

KEN25 : 551-0s (+0.05%)
MWK25 : 591-2s (-0.21%)
KEK25 : 538-0s (+0.05%)
ZWK25 : 530-0s (+0.14%)
ZWN25 : 545-0s (+0.09%)
Soybean Futures are Trading Above Their Breakout Zone

Soybean futures are out above significant resistance in the early morning trade, will the strength last into the weekend or will the rally fizzle out?

Soybeans Back to Mixed Action Following Overnight Trade

The soybean market is trading mixed action to start Friday, with nearbys slight lower and new crop ticking higher. Soybeans posted strength into the Thursday close, as contracts were up 8 to 13 cents....

ZSPX25US.CM : 9.7233 (-0.08%)
ZLN25 : 49.81s (-0.52%)
ZMN25 : 298.5s (+0.61%)
ZSPAUS.CM : 10.0273 (-0.30%)
ZSK25 : 1049-6s (-0.31%)
ZSX25 : 1035-0s (-0.05%)
ZSN25 : 1059-2s (-0.26%)
Corn Mixed to Start Friday Trade

Corn prices are trading in either side of unchanged early on Friday, with contracts within a penny of unchanged. Futures closed out Thursday trade with contracts up 2 to 5 ¼ cents, bouncing from recent...

ZCZ25 : 455-6s (-0.16%)
ZCPAUS.CM : 4.5226 (+0.42%)
ZCPZ25US.CM : 4.2298 (-0.17%)
ZCK25 : 478-6s (+0.31%)
ZCN25 : 485-4s (+0.31%)
Wheat Getting Some Buying Early on Friday

Wheat is trading with contracts higher, led be spring wheat futures. The wheat market closed the Thursday session with contracts steady to slightly higher across the three markets. Chicago SRW futures...

KEN25 : 551-0s (+0.05%)
MWK25 : 591-2s (-0.21%)
KEK25 : 538-0s (+0.05%)
ZWK25 : 530-0s (+0.14%)
ZWN25 : 545-0s (+0.09%)
Is HRW Wheat a Buy?

Can we believe what we see on the July HRW daily chart from Thursday's close? Or will the market's fundamentals keep buyers away for now?

KEN25 : 551-0s (+0.05%)
Soybeans Rally into Thursday’s Close, with Bean Oil Support

Soybeans posted strength into the Thursday close, as contracts were up 8 to 13 cents. CmdtyView’s national front month Cash Bean price was up 15 1/4 cents at $10.06 ¾. Soymeal futures were down $1.20...

ZSPX25US.CM : 9.7233 (-0.08%)
ZLN25 : 49.81s (-0.52%)
ZMN25 : 298.5s (+0.61%)
ZSPAUS.CM : 10.0273 (-0.30%)
ZSK25 : 1049-6s (-0.31%)
ZSX25 : 1035-0s (-0.05%)
ZSN25 : 1059-2s (-0.26%)
WTI Futures Rebound Off Support as OPEC Response Looms

WTI Crude Oil futures fell yesterday on trade relations and news regarding OPEC. Kazakhstan came out yesterday and said that their oil production was out of their control, dashing hopes they would be willing...

Marathon Petroleum's Quarterly Earnings Preview: What You Need to Know

Marathon Petroleum is expected to release its fiscal first-quarter earnings next month, and analysts project a triple-digit earnings fall.

XLE : 82.41 (-0.16%)
MPC : 137.62 (+0.06%)
$SPX : 5,513.71 (+0.53%)
Crude Prices Fall on Fears of Global Oversupply

June WTI crude oil (CLM25 ) Wednesday closed down -1.40 (-2.20%), and June RBOB gasoline (RBM25 ) closed down -0.0165 (-0.79%). Crude oil and gasoline prices on Wednesday fell back from 2-1/2 week highs...

CLM25 : 63.15 (+0.57%)
RBM25 : 2.1107 (+0.69%)
Forecasts for Cooler US Temps Boost Nat-Gas Prices

May Nymex natural gas (NGK25 ) on Wednesday closed up by +0.015 (+0.50%). May nat-gas prices posted moderate gains on Wednesday as forecasts for cooler US temperatures sparked some short-covering in nat-gas...

NGM25 : 3.143 (+1.49%)
Crude hits rare resistance—Kazakhstan rattles OPEC+ expectations.

WTI Crude Oil futures rallied yesterday after Scott Bessent’s positive comments regarding trade relations with China and President Trump’s more hawkish Iran comments.

Crude Prices Retreat as Some OPEC+ Members Seek to Boost Crude Oil Output

June WTI crude oil (CLM25 ) today is down -1.82 (-2.86%), and May RBOB gasoline (RBK25 ) is down -0.0265 (-1.27%). Crude oil and gasoline prices today fell back from 2-1/2 week highs and are sharply lower....

CLM25 : 63.15 (+0.57%)
RBM25 : 2.1107 (+0.69%)
Devon Energy's Q1 2025 Earnings: What to Expect

Devon Energy is expected to release its fiscal first-quarter earnings next month, and analysts project a single-digit earnings growth.

XLE : 82.41 (-0.16%)
$SPX : 5,513.71 (+0.53%)
DVN : 31.35 (-0.38%)
Crude Prices Climb as Market Sentiment Improves

May WTI crude oil (CLK25 ) Tuesday closed up +1.23 (+1.95%), and May RBOB gasoline (RBK25 ) closed up +0.0343 (+1.66%). Crude oil and gasoline prices on Tuesday settled moderately higher. Tuesday's stock...

CLM25 : 63.15 (+0.57%)
RBM25 : 2.1107 (+0.69%)
Nat-Gas Prices Pressured as Warm Spring Temps Boost US Inventories

May Nymex natural gas (NGK25 ) on Tuesday closed down by -0.009 (-0.30%). May nat-gas prices on Tuesday extended their 3-week sell-off to a 5-month nearest-futures low. Warmer-than-normal US spring temperatures...

NGM25 : 3.143 (+1.49%)
Crude Prices Supported as Asset Markets Recover

May WTI crude oil (CLK25 ) today is up +1.45 (+2.30%), and May RBOB gasoline (RBK25 ) is up +0.0397 (+1.92%). Crude oil and gasoline prices today are sharply higher. Today's stock rebound has improved...

CLM25 : 63.15 (+0.57%)
RBM25 : 2.1107 (+0.69%)
WTI Futures Rebound Off Support as OPEC Response Looms

WTI Crude Oil futures fell yesterday on trade relations and news regarding OPEC. Kazakhstan came out yesterday and said that their oil production was out of their control, dashing hopes they would be willing...

Marathon Petroleum's Quarterly Earnings Preview: What You Need to Know

Marathon Petroleum is expected to release its fiscal first-quarter earnings next month, and analysts project a triple-digit earnings fall.

XLE : 82.41 (-0.16%)
MPC : 137.62 (+0.06%)
$SPX : 5,513.71 (+0.53%)
Crude Prices Fall on Fears of Global Oversupply

June WTI crude oil (CLM25 ) Wednesday closed down -1.40 (-2.20%), and June RBOB gasoline (RBM25 ) closed down -0.0165 (-0.79%). Crude oil and gasoline prices on Wednesday fell back from 2-1/2 week highs...

CLM25 : 63.15 (+0.57%)
RBM25 : 2.1107 (+0.69%)
Forecasts for Cooler US Temps Boost Nat-Gas Prices

May Nymex natural gas (NGK25 ) on Wednesday closed up by +0.015 (+0.50%). May nat-gas prices posted moderate gains on Wednesday as forecasts for cooler US temperatures sparked some short-covering in nat-gas...

NGM25 : 3.143 (+1.49%)
Crude hits rare resistance—Kazakhstan rattles OPEC+ expectations.

WTI Crude Oil futures rallied yesterday after Scott Bessent’s positive comments regarding trade relations with China and President Trump’s more hawkish Iran comments.

Crude Prices Retreat as Some OPEC+ Members Seek to Boost Crude Oil Output

June WTI crude oil (CLM25 ) today is down -1.82 (-2.86%), and May RBOB gasoline (RBK25 ) is down -0.0265 (-1.27%). Crude oil and gasoline prices today fell back from 2-1/2 week highs and are sharply lower....

CLM25 : 63.15 (+0.57%)
RBM25 : 2.1107 (+0.69%)
Devon Energy's Q1 2025 Earnings: What to Expect

Devon Energy is expected to release its fiscal first-quarter earnings next month, and analysts project a single-digit earnings growth.

XLE : 82.41 (-0.16%)
$SPX : 5,513.71 (+0.53%)
DVN : 31.35 (-0.38%)
Crude Prices Climb as Market Sentiment Improves

May WTI crude oil (CLK25 ) Tuesday closed up +1.23 (+1.95%), and May RBOB gasoline (RBK25 ) closed up +0.0343 (+1.66%). Crude oil and gasoline prices on Tuesday settled moderately higher. Tuesday's stock...

CLM25 : 63.15 (+0.57%)
RBM25 : 2.1107 (+0.69%)
Nat-Gas Prices Pressured as Warm Spring Temps Boost US Inventories

May Nymex natural gas (NGK25 ) on Tuesday closed down by -0.009 (-0.30%). May nat-gas prices on Tuesday extended their 3-week sell-off to a 5-month nearest-futures low. Warmer-than-normal US spring temperatures...

NGM25 : 3.143 (+1.49%)
Crude Prices Supported as Asset Markets Recover

May WTI crude oil (CLK25 ) today is up +1.45 (+2.30%), and May RBOB gasoline (RBK25 ) is up +0.0397 (+1.92%). Crude oil and gasoline prices today are sharply higher. Today's stock rebound has improved...

CLM25 : 63.15 (+0.57%)
RBM25 : 2.1107 (+0.69%)
WTI Futures Rebound Off Support as OPEC Response Looms

WTI Crude Oil futures fell yesterday on trade relations and news regarding OPEC. Kazakhstan came out yesterday and said that their oil production was out of their control, dashing hopes they would be willing...

Marathon Petroleum's Quarterly Earnings Preview: What You Need to Know

Marathon Petroleum is expected to release its fiscal first-quarter earnings next month, and analysts project a triple-digit earnings fall.

XLE : 82.41 (-0.16%)
MPC : 137.62 (+0.06%)
$SPX : 5,513.71 (+0.53%)
Crude Prices Fall on Fears of Global Oversupply

June WTI crude oil (CLM25 ) Wednesday closed down -1.40 (-2.20%), and June RBOB gasoline (RBM25 ) closed down -0.0165 (-0.79%). Crude oil and gasoline prices on Wednesday fell back from 2-1/2 week highs...

CLM25 : 63.15 (+0.57%)
RBM25 : 2.1107 (+0.69%)
Forecasts for Cooler US Temps Boost Nat-Gas Prices

May Nymex natural gas (NGK25 ) on Wednesday closed up by +0.015 (+0.50%). May nat-gas prices posted moderate gains on Wednesday as forecasts for cooler US temperatures sparked some short-covering in nat-gas...

NGM25 : 3.143 (+1.49%)
Crude hits rare resistance—Kazakhstan rattles OPEC+ expectations.

WTI Crude Oil futures rallied yesterday after Scott Bessent’s positive comments regarding trade relations with China and President Trump’s more hawkish Iran comments.

Crude Prices Retreat as Some OPEC+ Members Seek to Boost Crude Oil Output

June WTI crude oil (CLM25 ) today is down -1.82 (-2.86%), and May RBOB gasoline (RBK25 ) is down -0.0265 (-1.27%). Crude oil and gasoline prices today fell back from 2-1/2 week highs and are sharply lower....

CLM25 : 63.15 (+0.57%)
RBM25 : 2.1107 (+0.69%)
Devon Energy's Q1 2025 Earnings: What to Expect

Devon Energy is expected to release its fiscal first-quarter earnings next month, and analysts project a single-digit earnings growth.

XLE : 82.41 (-0.16%)
$SPX : 5,513.71 (+0.53%)
DVN : 31.35 (-0.38%)
Crude Prices Climb as Market Sentiment Improves

May WTI crude oil (CLK25 ) Tuesday closed up +1.23 (+1.95%), and May RBOB gasoline (RBK25 ) closed up +0.0343 (+1.66%). Crude oil and gasoline prices on Tuesday settled moderately higher. Tuesday's stock...

CLM25 : 63.15 (+0.57%)
RBM25 : 2.1107 (+0.69%)
Nat-Gas Prices Pressured as Warm Spring Temps Boost US Inventories

May Nymex natural gas (NGK25 ) on Tuesday closed down by -0.009 (-0.30%). May nat-gas prices on Tuesday extended their 3-week sell-off to a 5-month nearest-futures low. Warmer-than-normal US spring temperatures...

NGM25 : 3.143 (+1.49%)
Crude Prices Supported as Asset Markets Recover

May WTI crude oil (CLK25 ) today is up +1.45 (+2.30%), and May RBOB gasoline (RBK25 ) is up +0.0397 (+1.92%). Crude oil and gasoline prices today are sharply higher. Today's stock rebound has improved...

CLM25 : 63.15 (+0.57%)
RBM25 : 2.1107 (+0.69%)

Barchart Exclusives

Dear Microsoft Stock Fans, Mark Your Calendars for April 30
Microsoft is set to report its fiscal Q3 earnings next week. Read more

Barchart Grains News

Corn Mixed at Midday
The corn market is trading with contracts steady to 1 ½ cents higher in the nearbys and a penny lower in December. The nearby CmdtyView national average Cash Corn price was is up 1 1/2 cents at $4.52. The CBOT is raising daily price limits for corn futures by a... Read more
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