CBOT • ZM • ZMK26

Soybean Meal Futures (CBOT ZM)

Front month May 2026. Live price, spreads, seasonality, and nearby cash bids.

Last iThe most recent traded futures price for this contract (the "board" price). Not a local cash bid. Can move quickly during trading hours. USX 315.30
Previous close iThe contract's official close/settlement from the prior trading day. This is the baseline used to calculate today's change. USX 322.10
Change iHow much the Last price is up or down compared to Previous close. -6.80
Change % iThe Change shown as a percentage of the Previous close. -2.11%
Volume iHow many contracts traded today for this month. Resets each trading session. 57,731
Open interest iHow many contracts are still open (not offset or delivered). Typically updates once per day (often shows the latest available from the prior session). 210,531
Last update (UTC-5) iThe time we last refreshed the quote, shown in UTC-5 for consistency. If markets are moving fast, numbers may update a few minutes after trades happen. March 27 19:19

Price History

View historical price action for Soybean Meal futures contract.

My Local Cash Bids vs Futures

Preview i How this works
  • Enter your town/ZIP (or use your device location) and pick a futures month.
  • We show a few nearby posted cash bids and estimate basis vs the selected futures contract.
  • Basis = Cash ($/t) − Futures ($/t). Negative = under the board, positive = over.
  • Results are grouped by delivery point (we typically show the best bid per location) and limited in this preview.
  • Prices can change quickly. Always call the buyer to confirm. (Market data may be delayed.)

Pick a location to compare nearby Soybean Meal cash bids vs a futures month.

Cash bids will appear here with basis calculations compared to the selected futures contract.

News Stories

Latest news articles related to Soybean Meal from sources across the web.

BarchartBarchart•Mar 27 Soybeans Sell the Fact Following RVO Release
AgWebAgWeb•Mar 27 Randy Dowdy’s ‘Less Is More’ Strategy For 100-Bushel Soybeans
BarchartBarchart•Mar 26 Soybeans Closes Higher on Thursday
BarchartBarchart•Mar 26 Soybeans Showing Slight Strength at Thursday’s Midday
Successful FarmingSuccessful Farming•Mar 26 Soybeans Close Up 2¢ | Thursday, March 26, 2026
BarchartBarchart•Mar 26 Soybeans Holding Steady on Thursday Morning
UkrAgroConsultUkrAgroConsult•Mar 26 Soybeans rebound in Chicago, supported by meal in a volatile, geopolitically driven market
BarchartBarchart•Mar 25 Soybeans Rally Late as Trump/Xi Meeting Scheduled

Futures chain

Explore all available contracts for Soybean Meal futures.

ZMK26 May 2026 USX 315.30 -2.11%
ZMN26 July 2026 USX 313.10 -1.91%
ZMQ26 August 2026 USX 311.10 -1.64%
ZMU26 September 2026 USX 309.00 -1.44%
ZMV26 October 2026 USX 306.60 -1.32%
ZMZ26 December 2026 USX 309.00 -1.37%
ZMF27 January 2027 USX 308.80 -1.37%
ZMH27 March 2027 USX 307.00 -1.38%
ZMK27 May 2027 USX 306.60 -1.32%
ZMN27 July 2027 USX 308.40 -1.15%
ZMQ27 August 2027 USX 307.30 -1.06%
ZMU27 September 2027 USX 305.30 -0.91%
ZMV27 October 2027 USX 302.70 -0.72%
ZMZ27 December 2027 USX 305.40 -0.72%
ZMF28 January 2028 USX 305.80 -0.71%
ZMH28 March 2028 USX 306.30 -0.91%
ZMK28 May 2028 USX 308.30 -0.93%
ZMN28 July 2028 USX 310.40 -0.93%
ZMQ28 August 2028 USX 310.20 -0.93%
ZMU28 September 2028 USX 309.40 -0.93%

Futures Contract

Key details for trading and hedging. Always confirm dates and rules with the exchange.

Commodity

Soybean Meal

Month

May 2026

Category

Grain & Oilseeds

Exchange & Symbol

CBOT • ZMK26

Volume

57,731

Open Interest

210,531

Previous close

USX 322.10

Day range

USX 314.70 — USX 323.50

Expiration

May 14, 2026

Price Performance

30-day range for the front month contract.

Current

USX 315.30

30-Day Avg

USX 314.68

30-Day Low

USX 302.50

30-Day High

USX 335.50

Contract Roll Calendar

Avoid delivery risk and expiry surprises. Here are common markets, months, and typical roll windows. For exact FND/LTD dates and tick specs, open the contract specs.

Contract Months

Jan • Mar • May • Jul • Aug • Sep • Oct • Dec

New‑Crop Reference

—

FND/LTD (typical)

Month‑prior FND; LTD mid‑month.

Recommended Roll Window

Roll ~5–10 trading days before FND/LTD.

DISCLAIMER: Dates and roll windows are guidelines. Always confirm FND/LTD and holidays on your exchange calendar or with your broker.
DISCLAIMER: The grain price information provided on Farmbucks.com is for informational purposes only and is subject to change at any time. Prices are sourced from participating grain companies, verified farmer reports and our trusted partners such as Barchart and DTN. While we work to ensure accuracy, discrepancies may occur between the prices listed on this website and those provided by grain buyers. Users are responsible for contacting the purchaser directly to confirm current prices and selling instructions. Farmbucks does not guarantee the accuracy, completeness, or timeliness of the prices displayed and assumes no liability for decisions made based on this information.

Futures Market Data: Futures price data on Farmbucks is provided by DTN, CME Group, and ICE. This data is for informational purposes only and may be subject to delays or inaccuracies. Please consult official exchange sources or your broker for trading decisions.

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