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 Aug '24 (ZMQ24)

[[ 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 ]]
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 Mon, Jul 22nd, 2024.
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

Soybean Prices End Friday in the Red, Spec Funds Expand Bearish Positions

Soybean futures settled 1 ¼ to 7 ¼ lower on Friday, with the inverse (a.k.a backwardation) continuing to expand on good crusher demand for nearby beans and big expectations for 2024/25 global production.  Soymeal futures finished the day $.40 to $4.00 per ton lower. Soy Oil futures saw nearby August with a plus sign (+11) but the rest of the most active months were 5 to 36 lower. 

USDA reported another sale of 105,000 MT of meal to unknown destinations for 2024/25 this morning under the daily reporting system but that failed to move the market. 

Weekly Export Sales brought the 2023/24 MY to 45.36 MMT, which is 98% of the USDA projected full year export total. That is below the 103% average pace for this date. New crop sales have accumulated to 2.07 MMT, which is the lowest for the respective week in the marketing year in 20 years. This week’s large sale will help. Some Chinese buying is rumored for Oct-Nov, but they appear to have very comfortable stocks for the next 60-... Read more

  • Hogs Stable, Cattle Mixed

    Hogs rebound while cattle markets wait for the Cattle on feed report

  • Contrary Opinion Trade Works for Wheat on Friday

    Wheat futures were swimming against the bearish tide on Friday, or perhaps unwinding some inter-market spreads. In any event, all three US markets were...

  • Corn Traders Had Little to Show for Friday Effort

    Corn futures couldn’t hold initial gains into the Friday close, as quite a few markets sold off going into the weekend. Net changes were fractional,...

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