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Soybean Meal May '18 (ZMK18)

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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 Thu, Mar 28th, 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

Mixed Close for Report Day Soybeans

Old crop beans ended the day with 1 to 1 ¼ cent losses, while the new crop contracts finished as much as 8 ¼ cents in the black. The May soybean contract finished the week with the same 1c loss, but was still up 50 cents through the month of March. Nov beans were UNCH for the week and finished the month up by 53 cents. The new crop soy/corn ratio was 2.483 at the close, which was up from the 2.446 ratio starting the month. Front month Soymeal futures closed Friday with 0.5% losses, which left May with a $1.40 loss on the week but $8.50 higher for the month. Soy Oil futures closed off their highs on Thursday, but still 29 points in the black. May BO was 31 points higher for the week and was 274 points higher for the month of March.  

The March Intentions data showed an 86.510 million acre planted area for 24/25 soybeans. That’s up 2.9 million acres from last year vs the trade estimate to see 1.9 million more bean acres. The largest increase was +700k acres for ND, while MO was... Read more

  • Corn Rallied into 3-Day Weekend with NASS Data

    Thursday’s trading session left the corn market ~6c off the day’s highs, but still 13 to 16 cents in the black. Old crop May ended the week with a...

  • Mixed Close for Report Day Soybeans

    Old crop beans ended the day with 1 to 1 ¼ cent losses, while the new crop contracts finished as much as 8 ¼ cents in the black. The May soybean contract...

  • Shootin' the Bull about no more cheap corn

    With the aspects of cheap corn now out of the picture, those declining cost of gains is now expected to rise.  While not necessarily bullish, the report...

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