What is the contract size for soybeans?

What is the contract size for soybeans?

5,000 bushels
Soybean futures contract specifications

Exchange Chicago Board of Trade, S
Contract Size 5,000 bushels
Minimum Tick Size and Value 0.25, worth $12.50 per contract.

How much is a contract of soybeans?

Futures Overview

Agriculture Last Chg
Soybeans Continuous Contract 1,626.75¢ 7.25
Soybean Oil Continuous Contract 71.91¢ 0.08
Soybean Meal Continuous Contract $464.5 2.7
Live Cattle Continuous Contract 134.200¢ 0.875

How many bushels is a soybean contract?

For example, one futures contract for soybeans represents 5,000 bushels of soybeans. Therefore, the dollar value of this contract is 5,000 times the price per bushel.

How big is a soybean oil contract?

60,000 pounds
Soybean Oil Futures

Soybean Oil Futures Contract Specifications
Contract Size 60,000 pounds (lbs) (~ 27 metric tons)
Price Quotation Cents per pound
Grade And Quality Crude soybean oil meeting exchange-approved grades and standards-see exchange Rules and Regulations for exact specifications.

What is the limit on soybean futures?

A price limit is the maximum price range permitted for a futures contract in each trading session….Expanded Price Limits.

Commodity Expanded Price Limit
Soybean Oil $0.060
Soybeans $1.35
Thailand Long Grain White Rice (Platts) Futures $105.00

Is there a soybean ETF?

You can view all the ETFs in the same ETF Database category as the majority of Soybeans ETFs, which is Agricultural Commodities. If you don’t only want Agricultural Commodities view all ETF Database categories here.

What is the tick size for soyameal on CME?

10 cents per ton
Soybean Meal May ’22 (ZMK22)

Barchart Symbol ZM
Tick Size 10 cents per ton ($10.00 per contract)
Margin/Maintenance $2,860/2,600
Daily Limit $25 per ton ($2,500 per contract) Expanded limit $40
Contract Size 100 tons (2,000 pounds per ton)

How do you read crop prices?

How to read grain prices: a quick reference guide

  1. Cash price = futures + basis +/- premium and discounts.
  2. Last: The last or most current trade price.
  3. Change: The difference between current price and previous settlement price.
  4. Open: Opening price for today.
  5. High: The highest trading price for today.

Why is soybean oil price increasing?

“The Russia-Ukraine conflict, lower soyabean crop in the South America and restrictions from Indonesia are the main reasons for the cooking oil prices to rise,” Mehta said. “There is a silver lining. We have about eight million tonne soyabean uncrushed. We are also harvesting a record mustard crop.

What unit of measure is soybean oil traded in?

Soybean Oil Futures Contract Specifications. The unit of trading shall be 60,000 lbs. of crude soybean oil. The minimum fluctuation for soybean oil futures shall be 1/100th of one cent per pound ($6.00 per contract), including spreads.

What is the daily limit for soybeans?

Current Daily Price Limit

Commodity Outrights Calendar Spreads
Soybean Crush $1.890 N/A
Soybean Meal $25.00 $50.00
Soybean Oil $0.040 $0.080
Soybeans & mini-sized Soybeans $.90 $1.80

What is the limit on feeder cattle?

May 2021: Initial Resetting of Price Limits for Live Cattle and Feeder Cattle Futures

Contract Title CME Rulebook Chapter Current Initial Price Limit
Live Cattle futures 101 $0.04/lb.
Feeder Cattle futures 102 $0.05/lb.

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