The current price of Soybean Meal Futures is 307.2 USD / STN — it has fallen −0.19% in the past 24 hours. Watch Soybean Meal Futures price in more detail on the chart.
The volume of Soybean Meal Futures is 36.31 K. Track more important stats on the Soybean Meal Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Soybean Meal Futures this number is 237.14 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Soybean Meal Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Soybean Meal Futures. Today its technical rating is neutral, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Soybean Meal Futures technicals for a more comprehensive analysis.