CBOT - mini-sized Soybeans Quotes Open Auction

mini-sized Soybean Futures

Contract Size

1,000 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.

Tick Size

1/8 cent/bushel ($1.25 per 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

Electronic: 6:00 p.m. - 6:00 a.m. and 9:30 a.m. - 1:45 p.m. Sunday-Friday
Open Auction: 9:30 a.m. to 1:45 p.m. Central Time, Mon-Fri.
Trading in expiring contracts closes at noon on the last trading day.

Ticker Symbols

Open Auction - YK
Electronic - XB

Daily Price Limit

Seventy cents ($0.70) per bushel ($500 per contract) above or below the previous day's settlement price. No limit in the spot month (limits are lifted beginning on First Position Day).

Margin Information

Find information on margins requirements for the mini-sized Soybean Futures.