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Soybean Aug '15 (ZSQ15)

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Soybean Futures Market News and Commentary

Product Pressure Pushes Beans Lower

Soybeans saw 6 ¼ to 13 ¼ cent losses across the board on Tuesday, with contracts closing near the lows for the day. The product values keep a weight on things, with Soymeal down $2.80 to $3.20/ton and Soy Oil 26 to 61 points in the red.  

USDA’s Crop Progress report indicated planting progress picked up in 10 of the 18 states, but those that had any measured pace were well above normal. AR was 18% above the average and MO 7% faster than normal. Of the ‘I’ states,  IL was at 4% complete, with IA 2% planted. 

Rains were rolling through the Northern Plains today, moving over to other parts of the Western Corn Belt and eventually eastward. Beyond that, the last half of this week and into early next week are drier for much of the Corn Belt. The 6-10 day is calling for above normal chance for precip in the Plains/WCB, with the ECB normal to below normal precip chances.

Dr. Michael Cordonnier raised his Brazilian soybean production estimate by 2 MMT to 147 MMT, still well... 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
07/31/15
Expiration Date
08/14/15 (expired)

Seasonal Chart

Soybean Aug '15
Average Price Chart for 5 Prior Aug 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
950-0 +3.00%
on 08/12/15
1045-6 -6.43%
on 08/10/15
-55-0 (-5.32%)
since 07/14/15
3-Month
909-2 +7.62%
on 06/01/15
1054-6 -7.23%
on 07/01/15
+28-2 (+2.97%)
since 05/14/15
52-Week
909-2 +7.62%
on 06/01/15
1093-4 -10.52%
on 11/12/14
-104-4 (-9.65%)
since 08/14/14

More Soybean Quotes

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Most Recent Stories

More News
Corn Closes Tuesday with Losses

Corn bulls were stuck in the mud on Tuesday, as contracts saw losses of just ½ to 2 ½ cents across the board. May was 2 ½ cents off the session low at the close, with December closing 2 cents in the...

ZCK24 : 431-0s (-0.12%)
ZCPAUS.CM : 4.1361 (+0.01%)
ZCN24 : 442-6s (-0.34%)
ZCZ24 : 467-2s (-0.43%)
ZCPZ24US.CM : 4.3542 (-0.45%)
Product Pressure Pushes Beans Lower

Soybeans saw 6 ¼ to 13 ¼ cent losses across the board on Tuesday, with contracts closing near the lows for the day. The product values keep a weight on things, with Soymeal down $2.80 to $3.20/ton and...

ZMN24 : 336.8s (-0.82%)
ZLN24 : 45.48s (-1.15%)
ZSK24 : 1145-0s (-1.14%)
ZSPAUS.CM : 10.9102 (-1.20%)
ZSN24 : 1160-0s (-1.02%)
ZSX24 : 1158-4s (-0.75%)
ZSPX24US.CM : 10.9811 (-0.79%)
Wheat Sees Strength in the Hard Red Contracts

The wheat complex posted mixed trade, with the hard red contracts posting a Turnaround Tuesday. MPLS spring wheat was leading the charge at midday but pulled off the highs to close up just 1 to 4 ½ cents....

ZWK24 : 549-6s (-0.36%)
ZWN24 : 564-6s (-0.48%)
KEK24 : 587-4s (+0.60%)
KEN24 : 583-0s (+0.39%)
MWK24 : 638-2s (+0.20%)
"Shootin' the Bull" on video today!

Grains and oilseeds were lower and are expected to continue lower.

Wheat Mixed on Tuesday

The wheat complex is mixed so far, as the hard red contracts are posting a Turnaround Tuesday. MPLS spring wheat is leading the charge, with gains of 4 to 5 ½ cents. Kansas City contract are steady to...

ZWK24 : 549-6s (-0.36%)
ZWN24 : 564-6s (-0.48%)
KEK24 : 587-4s (+0.60%)
KEN24 : 583-0s (+0.39%)
MWK24 : 638-2s (+0.20%)
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...

ZMN24 : 336.8s (-0.82%)
ZLN24 : 45.48s (-1.15%)
ZSK24 : 1145-0s (-1.14%)
ZSPAUS.CM : 10.9102 (-1.20%)
ZSN24 : 1160-0s (-1.02%)
ZSX24 : 1158-4s (-0.75%)
ZSPX24US.CM : 10.9811 (-0.79%)
Corn Stuck Lower at Midday

Corn futures are still stuck in negative territory at midday on Tuesday, as contracts are fractionally to 2 cents lower across most contracts. Rains were rolling through the Northern Plains overnight,...

ZCK24 : 431-0s (-0.12%)
ZCPAUS.CM : 4.1361 (+0.01%)
ZCN24 : 442-6s (-0.34%)
ZCZ24 : 467-2s (-0.43%)
ZCPZ24US.CM : 4.3542 (-0.45%)
Top 100 Stocks to Buy: BRF S.A. Is Flying Up the Charts

On Monday, the Latin American food processor jumped 56 spots in Barchart’s Top 100 Stocks to Buy. If you're naturally aggressive, the penny stock could be worth a small wager. Here’s why.

BRFS : 3.40 (-2.02%)
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 : 10.9102 (-1.20%)
ZSN24 : 1160-0s (-1.02%)
ZSX24 : 1158-4s (-0.75%)
ZSPX24US.CM : 10.9811 (-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 : 549-6s (-0.36%)
ZWN24 : 564-6s (-0.48%)
KEK24 : 587-4s (+0.60%)
KEN24 : 583-0s (+0.39%)
MWK24 : 638-2s (+0.20%)

Key Turning Points

3rd Resistance Point N/A
2nd Resistance Point 1004-4
1st Resistance Point 991-4
Last Price 978-4s
1st Support Level 965-2
2nd Support Level 952-0
3rd Support Level N/A

See More

52-Week High 1093-4
Fibonacci 61.8% 1023-1
Fibonacci 50% 1001-3
Fibonacci 38.2% 979-5
Last Price 978-4s
52-Week Low 909-2

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