| Contract Size |
|
5,000 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. See Chapter 10s - Soybean Futures in the Rules & Regulations section. |
| Tick Size |
|
1/4 cent/bu ($12.50/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. - 1:15 p.m. Central Time, Sun.-Fri. Open Auction: 9:30 a.m. - 1:15 p.m. Central Time, Mon-Fri. Trading in expiring contracts closes at noon on the last trading day. |
| Ticker Symbols |
| Open Auction: S Electronic: ZS |
| Daily Price Limit |
| 70 cents/bu ($2,500/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 Soybeans Futures. |