|
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. 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). |
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