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Contract Specifications for CBOT Soybean Futures (ZS)

EXCHANGE Chicago Mercantile Exchange (CME)
PRODUCT CODE CME Globex: ZS
CME ClearPort: S
Clearing: S
TAS: SBT
CONTRACT UNIT 5,000 bushels (~ 136 Metric Tons)
GRADE AND QUALITY #2 Yellow at contract price,
#1 Yellow at a 6 cent/bushel premium,
#3 Yellow at a 6 cent/bushel discount
PRICING QUOTATION Cents per bushel
MINIMUM PRICE FLUCTUATION 1/4 of one cent per bushel ($12.50 per contract)
LISTED CONTRACTS January (F), March (H), May (K), July (N), August (Q), September (U) & November (X)
SETTLEMENT METHOD Deliverable
TRADING HOURS Sunday – Friday, 7:00 pm – 7:45 am CT,
Monday – Friday, 8:30 am – 1:20 pm CT
PRICE LIMIT OR CIRCUIT Price Limits
VENDOR CODES Quote Vendor Symbols Listing
SETTLEMENT PROCEDURES Soybean Settlement Procedures
POSITION LIMITS CBOT Position Limits
TERMINATION OF TRADING The business day prior to the 15th calendar day of the contract month.
LAST DELIVERY DATE Second business day following the last trading day of the delivery month.
EXCHANGE RULEBOOK CBOT 11

This page was last updated: November 04, 2015

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