| Contract Size |
|
1,000 bushels. |
| Deliverable Grades |
|
No. 2 Yellow at par, No. 1 yellow at 6 cents per bushel over contract price and No. 3 yellow at 6 cents per bushel under contract price.* * No. 3 yellow Soybeans are only deliverable when all factors equal U.S. No 2 or better except foreign material. |
| Tick Size |
|
1/8 cent/bushel ($1.25 per contract). |
| Price Quote |
|
Cents/bushel |
| Contract Months |
| Sep, Nov, Jan, Mar, May, Jul, Aug |
| Last Trading Day |
| The business day prior to the 15th calendar day of the contract month. |
| Last Delivery Day |
| Second business day following the last trading day of the delivery month. |
| Trading Hours |
| Electronic: 6:00 p.m. - 6:00 a.m. and 9:30 a.m. - 1:45 p.m. Sunday-Friday Open Auction: 9:30 a.m. to 1:45 p.m. Central Time, Mon-Fri. Trading in expiring contracts closes at noon on the last trading day. |
| Ticker Symbols |
| Open Auction - YK Electronic - XK |
| Daily Price Limit |
| Seventy cents ($0.70) per bushel ($500 per contract) above or below the previous day's settlement price. No limit in the spot month (limits are lifted beginning on First Position Day). |
| Margin Information |
| Find information on margins requirements for the mini-sized Soybean Futures. |