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.
