The final delivery date of soybean meal futures is the third trading day after the last trading day, and the last trading day of soybean meal futures is the 10 trading day of the contract month. The delivery method of soybean meal futures is physical delivery.
Natural person accounts are not allowed to be delivered, and only legal person accounts can be delivered. Therefore, when the delivery month is approaching, retail investors are basically withdrawn, and some legal persons are also preparing to deliver. For example, the feed company, the soybean meal bought two months ago is cheap, and the delivery is naturally favorable, so it will buy in kind.