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SOYBEAN MEAL FUTURES

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Trading Unit 100 tons (2,000 lbs/ton)  
Deliverable Grades

One grade of soybean meal only with minimum protein of 48 percent. See exchange Rules and Regulations for exact specifications.  
Price Quote

Dollars and cents/ton  
Tick Size

10 cents/ton ($10/contract)  
Daily Price Limit

$10/ton ($1,000/contract) above or below the previous days settlement price (expandable to $15/ton). No limit in the spot month (limits are lifted two business days before the spot month begins)  
Contract Months

Oct, Dec, Jan, Mar, May, Jul, Aug, Sep  
Last Trading Day

Seventh business day preceding the last business day of the delivery month  
Last Delivery Day

Second business day following the last trading day of the delivery month  
Trading Hours

9:30 a.m. – 1:15 p.m. Chicago time, Mon-Fri. Trading in expiring contracts closes at noon on the last trading day.Project A overnight session hours are from 10:30 p.m. – 4:30 a.m., Sun-Thu  
Ticker Symbol

SM

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The contents herein are strictly the opinion of its writers and is intended solely for informative purposes and is not to be construed, under any circumstances by implication or otherwise, as an offer to sell or a solicitation to buy or trade in any commodities or securities herein named. Information is obtained from sources believed to be reliable, but is in no way guaranteed. No guarantee of any kind is implied or possible where projections of futures conditions are attempted.

Futures trading involves substantial risk of loss and is not suitable for everyone. In no event should the content of this site be construed as an express or an implied promise, guarantee or implication by or from Trade Futuresor National Commodities Corporation, Inc., that you will profit or that losses can or will be limited in any manner whatsoever. No such promises, guarantees or implications are given. Past results are no indication of futures performance.

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