Soybean Future

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
Open Auction: 9:30 a.m. - 1:15 p.m. Central Time, Mon-Fri. Electronic: 6:31 p.m. - 6:00 a.m. and 9:30 a.m. - 1:15 p.m. Central Time, Sun.-Fri. Trading in expiring contracts closes at noon on the last trading day.
Ticker Symbols
Open Auction: S Electronic: ZS
Daily Price Limit
50 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.

Click here for more information on soybean future.

There is a risk of loss in futures and options trading. You should carefully consider whether futures trading is appropriate for you in light of your investment experience and objectives, financial resources and other relevant circumstances. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

Information herein has been obtained and prepared from sources believed to be reliable; however no guarantee to its accuracy is made. Comments contained in these materials are not intended to be a solicitation to buy or sell any of the commodities mentioned. Opinions expressed herein are the opinions of the author only and not the opinion of any firm the author may be affiliated or associated with.