Grains & oilseeds
Soybean Meal
The protein half of the crush and the single largest feed input for poultry and hogs worldwide.
The contract
Soybean Meal
100 short tons · CBOT · Soybean Meal Futures,Dec-2026
$363.10−0.63%
per short ton · 2026-09-16 16:15 UTC
Thirty days
52-week band
26295% up the band368.7
Specification
- Exchange
- CBOT
- Contract
- Soybean Meal Futures,Dec-2026
- Contract size
- 100 short tons
- Quoted in
- US dollars per short ton
- In dollars
- $363.10
- Feed symbol
- ZM=F
- Pair ticker
- $MEAL
- Price feed on Arc
- none
The front month rolls. Two reads can be two different contracts.
Two ways to launch
Named after soybean meal
An Argus launch, quoted in USDC. The ticker is a label. No backing, no claim on soybean meal, no link to CBOT.
Priced in soybean meal
Not possible for this contract. Its price feed on Arc closes or expires, and a coin quoting a price that stops is a coin quoting a stale one.
Everything under $MEAL
A matching ticker is a coincidence. No backing, no claim on soybean meal, no oracle.Launch $MEAL