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Soybean Jul '21 (ZSN21)

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Soybean Futures Market News and Commentary

Soybeans Posting Double Digit Losses Amid Product Pressure

Soybeans are trading lower across the board on Tuesday, as front months are down 8 ½ to 11 ½ cents at midday. Soymeal futures are also in the red, with losses of $2.10 to $2.40.  Soy Oil is showing 63 to 64 point losses. 

USDA’s Crop Progress report indicated 3% of the US soybean crop was planted as of April 14, even with last year’s pace and 2% above the 5-year average. Progress was only picked up in 10 of the 18 states, but this that had any measured pace were well above normal, with AR 18% above the average and MO 7% faster than normal. Of the ‘I’ states,  IL was at 4% complete with IA 2% planted. 

May 24 Soybeans  are at $11.46 3/4, down 11 1/2 cents,

Nearby Cash   is at $10.93 3/4, down 11 1/2 cents,

Jul 24 Soybeans  are at $11.61 1/4, down 10 3/4 cents,

Nov 24 Soybeans  are at $11.58 3/4, down 8 1/2 cents,

New Crop Cash   is at $10.95 3/4, down 8 7/8 cents,

On the date of publication, Alan Brugler did not have (either directly or indirec... Read more

Contract Specifications

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Contract
Soybean
Contract Size
5,000 bushels
Tick Size
1/4 cent per bushel ($12.50 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
$50
Margin/Maintenance
$2,640/2,400
First Notice Date
06/30/21
Expiration Date
07/14/21 (expired)

Seasonal Chart

Soybean Jul '21
Average Price Chart for 5 Prior Jul Contracts

Commitment of Traders Positions as of Apr 9, 2024

View Chart Details
Commercials - Long / Short
484,852 (-12,081)
319,200 (-8,593)
Non-Commercials - Long / Short
90,965 (-4,424)
249,442 (-3,987)
Producers - Long / Short
335,552 (-10,671)
305,187 (-2,228)
Swap Dealers - Long / Short
136,632 (+3,771)
1,345 (-1,184)
Managed Money - Long / Short
53,027 (-3,730)
179,384 (-4,391)
Other Reportables - Long / Short
37,938 (-694)
70,058 (+404)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
1323-4 +10.90%
on 06/17/21
1488-2 -1.38%
on 06/15/21
-4-4 (-0.31%)
since 06/14/21
3-Month
1323-4 +10.90%
on 06/17/21
1667-4 -11.98%
on 05/12/21
+65-4 (+4.67%)
since 04/14/21
52-Week
886-0 +65.66%
on 08/10/20
1667-4 -11.98%
on 05/12/21
+579-0 (+65.15%)
since 07/14/20

More Soybean Quotes

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Most Recent Stories

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ZWK24 : 549-6 (-0.36%)
ZWN24 : 564-6s (-0.48%)
KEK24 : 587-4s (+0.60%)
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MWK24 : 636-6 (-0.04%)
Soybeans Posting Double Digit Losses Amid Product Pressure

Soybeans are trading lower across the board on Tuesday, as front months are down 8 ½ to 11 ½ cents at midday. Soymeal futures are also in the red, with losses of $2.10 to $2.40. Soy Oil is showing 63...

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ZLN24 : 45.48s (-1.15%)
ZSK24 : 1145-0s (-1.14%)
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ZSX24 : 1158-4s (-0.75%)
ZSPX24US.CM : 10.9813 (-0.79%)
Corn Stuck Lower at Midday

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ZCN24 : 442-6s (-0.34%)
ZCZ24 : 467-2s (-0.43%)
ZCPZ24US.CM : 4.3542 (-0.45%)
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Beans Continue to Leak Lower Overnight

Soybeans are down 2 to 4 cents in the front months following the overnight trade. Bean futures fell anywhere from 5 ½ to 15 ¾ cents on Monday, as the front months felt the brunt of the impact. May was...

ZMN24 : 336.8s (-0.82%)
ZLN24 : 45.48s (-1.15%)
ZSK24 : 1145-0s (-1.14%)
ZSPAUS.CM : 10.9103 (-1.20%)
ZSN24 : 1160-0s (-1.02%)
ZSX24 : 1158-4s (-0.75%)
ZSPX24US.CM : 10.9813 (-0.79%)
Wheat Finding Strength in Spring Wheat, Weakness in Winters

The wheat complex is mixed so far on Tuesday morning, with MPLS up2 to 7 cents after overnight trade. CBT SRW futures are down 1 to 3 ¼ with KS 1 to 2 cents lower. The three markets posted losses on Monday....

ZWK24 : 549-6 (-0.36%)
ZWN24 : 564-6s (-0.48%)
KEK24 : 587-4s (+0.60%)
KEN24 : 583-0s (+0.39%)
MWK24 : 636-6 (-0.04%)
Corn Lower to Start Tuesday

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ZCPAUS.CM : 4.1327 (-0.07%)
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ZCPZ24US.CM : 4.3542 (-0.45%)
A Choppy Grain Trade

Grain markets have been in a choppy rangebound trade recently which could setup traders with more shorter-term opportunities.

Corn Leaks Lower, USDA Confirms Speedy Early Planting Pace

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ZCK24 : 431-0s (-0.12%)
ZCPAUS.CM : 4.1327 (-0.07%)
ZCN24 : 442-6s (-0.34%)
ZCZ24 : 467-2s (-0.43%)
ZCPZ24US.CM : 4.3542 (-0.45%)
Wheat Closes Lower, USDA Reports Lower Conditions

The wheat complex posted losses across the three exchanged on Monday. Kansas City was 2 ¾ to 6 ¼ cents lower on the session. Chicago contracts were fractionally to 4 ¼ cents lower at the close. MPLS...

ZWK24 : 549-6 (-0.36%)
ZWN24 : 564-6s (-0.48%)
KEK24 : 587-4s (+0.60%)
KEN24 : 583-0s (+0.39%)
MWK24 : 636-6 (-0.04%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 1520-6
2nd Resistance Point 1498-2
1st Resistance Point 1483-0
Last Price 1467-6s
1st Support Level 1445-2
2nd Support Level 1422-6
3rd Support Level 1407-4

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52-Week High 1667-4
Last Price 1467-6s
Fibonacci 61.8% 1369-0
Fibonacci 50% 1276-6
Fibonacci 38.2% 1184-4
52-Week Low 886-0

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