Soybean Meal (ZM) Futures have an Implied Volatility (IV) of 23.9% p.a. for a constant maturity of 30 days. The lowest IV reading within one year was 20.6% and the maximum was at 33.6%. We calculated an Implied Volatility Rank (IVR) of 25.9. The Implied Volatility Percentile (IVP) is 17.9 which means that looking at one year of data 17.9% of all IV readings were lower than 23.9. The latest IV reading is -1.0 standard deviations away from its 1 year mean. Implied volatility data and statistics for Soybean Meal (ZM) was calculated after the 2/6/2023 market close from the futures options.