CBOT soybean meal trading unit 100 short ton (each short ton = 2000 pounds)

Protein content of delivery grade is above 48%.

Quote in dollars and cents/short tons

The minimum price change is 10 cents/short ton (10 USD/contract).

Daily price fluctuation limits the settlement price of the previous trading day to USD 65,438+USD 00/short ton (USD 65,438+USD 0,000/contract). There is no limit to the spot monthly contract. (The restriction will be cancelled within 2 days before the spot month)

The contract months are 165438+ 10, 65438+February, 65438+ 10, March, May, July, August and September.

Last trading day 7 days before the last trading day of the delivery month. For contracts on or after June 5438+ 10, 2000, the last trading day is 15 before the expiration month of the contract.

Last delivery date: the second day of the last trading day of the delivery month.

The trading time is 9: 30am-1:15, Chicago time. Expired contracts end at noon on the last trading day.

The trading time of item A is from 8: 00 p.m. to 5: 00 a.m. the next day, Chicago time.

Transaction code SM