The minimum fluctuation for Soybean Meal futures shall be ten cents ($.10) per ton ($10.00 per contract), including spreads. Daily Price Limits. There shall be no trading in Soybean Meal futures at a price more than $20 per unit of trading ($2,000 per contract) above or below the previous day’s settlement price. The futures contract is offered by the Chicago Mercantile Exchange (CME) Group, and through the CME Globex electronic trading platform, it can be traded from any part of the world. A soybean meal futures contract is equivalent to 100 Short Tons, which is approximately 91 metric tons of soybean meal. Soybean Meal futures Exchange CME Group: Settlement Physically delivered Contract Size 100 Short Tons (~ 91 metric tons) Pricing Unit 1 point = $10.00 Tick Value 10 cents per short ton ($10.00 per contract) Contract Months January (F), March (H), May (K), July (N), August (Q), September (U), October (V) & December (Z) Last Trading Day DES MOINES, Iowa -- On Friday, the CME Group’s farm markets closed slightly higher. At the close, the March corn futures finished 4½¢ higher at $3.83¼. May corn futures closed 4¢ higher at $3.88. March soybean futures finished 1¢ higher at $8.82. May soybean futures settled ¼¢ higher at $8.95. Soybean futures began trading in 1940, while soybean oil futures got started in 1950. soybean futures are traded in an open outcry format and electronically through the CME Group , the Brazilian Mercantile and Futures Exchange (BM&F), Mercado a Termino de Buenos Aires (MATba), Dalian Commodity Exchange (DCE), Kansai Commodities Exchange (KANEX), National Commodity and Derivatives Exchange (NCDEX) and the Tokyo Grain Exchange (TGE). Producers are predicting November 2018 soybean futures could trade below $8 per bushel by the autumn, according to the Purdue University/CME Group Ag Economy Barometer, and with global trade tensions showing no signs of abating, investors and traders of soybean derivatives, as well as other soybean-related products, could look to the derivatives marketplace to manage their price risks or to profit by accepting risks. Commercial soybean and soy product consumers continue to price their needs, especially for winter when demand soars for soybean meal, a high-protein supplement for livestock feed rations. In contrast, barring unexpected and extremely adverse weather, producers with old-crop supplies remaining from the last harvest begin aggressively to empty their bins to make room for the new crop.
12 Apr 2012 soybean meal futures contracts to hedge input price risk, and (2) a Mercantile Exchange (now known as CME Group) futures contracts. C,.
Find information for Soybean Meal Margins provided by CME Group. CBT, AGRICULTURE, SOYBEAN MEAL FUTURES, 06, 03/2020, 05/2020, 1,020 USD grains Futures News · See More. Author. Wheat - Just My Opinion. Tom Fritz - International Futures Group Tue These contracts are listed with, and subject to, the rules and regulations of CBOT. Source: CME Group. Last updated October 2015. Additional Info. Recent Posts
14 Jul 2017 Soybean meal futures and options are traded at CME Groups Chicago Board of Trade. The contract calls for physical delivery of 100 short tons
The minimum fluctuation for Soybean Meal futures shall be ten cents ($.10) per ton ($10.00 per contract), including spreads. Daily Price Limits. There shall be no trading in Soybean Meal futures at a price more than $20 per unit of trading ($2,000 per contract) above or below the previous day’s settlement price. The futures contract is offered by the Chicago Mercantile Exchange (CME) Group, and through the CME Globex electronic trading platform, it can be traded from any part of the world. A soybean meal futures contract is equivalent to 100 Short Tons, which is approximately 91 metric tons of soybean meal.
CONTRACT SPECIFICATIONS. The contract grade for delivery on futures contracts made under these Rules shall be Soybean. Meal in bulk which conforms to
soybean meal price for the March insurance month is the simple average of final daily settlement prices for the CME Group soybean meal futures contract for 27 Sep 2019 WASHINGTON, D.C., U.S. — The U.S. Commodity Futures Trading ARMKAT held 875 short August 2018 Soybean Meal futures contracts, which . was conducted in parallel with a related inquiry by the CME Group (CME), in the USA, and are subsidiaries of CME Group. CME, CBOT, COMEX and NYMEX are regulated by the Commodity Futures. Trading Commission. Details of the
A crush spread is a commodity trading strategy in which the trader takes a long position in soybean futures against short positions in soybean meal futures and soybean oil futures to establish a processing margin. Soybeans are processed into two products—meal and oil—through a process Singapore: CME Group.
The minimum fluctuation for Soybean Meal futures shall be ten cents ($.10) per ton ($10.00 per contract), including spreads. Daily Price Limits. There shall be no trading in Soybean Meal futures at a price more than $20 per unit of trading ($2,000 per contract) above or below the previous day’s settlement price. The futures contract is offered by the Chicago Mercantile Exchange (CME) Group, and through the CME Globex electronic trading platform, it can be traded from any part of the world. A soybean meal futures contract is equivalent to 100 Short Tons, which is approximately 91 metric tons of soybean meal. Soybean Meal futures Exchange CME Group: Settlement Physically delivered Contract Size 100 Short Tons (~ 91 metric tons) Pricing Unit 1 point = $10.00 Tick Value 10 cents per short ton ($10.00 per contract) Contract Months January (F), March (H), May (K), July (N), August (Q), September (U), October (V) & December (Z) Last Trading Day DES MOINES, Iowa -- On Friday, the CME Group’s farm markets closed slightly higher. At the close, the March corn futures finished 4½¢ higher at $3.83¼. May corn futures closed 4¢ higher at $3.88. March soybean futures finished 1¢ higher at $8.82. May soybean futures settled ¼¢ higher at $8.95. Soybean futures began trading in 1940, while soybean oil futures got started in 1950. soybean futures are traded in an open outcry format and electronically through the CME Group , the Brazilian Mercantile and Futures Exchange (BM&F), Mercado a Termino de Buenos Aires (MATba), Dalian Commodity Exchange (DCE), Kansai Commodities Exchange (KANEX), National Commodity and Derivatives Exchange (NCDEX) and the Tokyo Grain Exchange (TGE). Producers are predicting November 2018 soybean futures could trade below $8 per bushel by the autumn, according to the Purdue University/CME Group Ag Economy Barometer, and with global trade tensions showing no signs of abating, investors and traders of soybean derivatives, as well as other soybean-related products, could look to the derivatives marketplace to manage their price risks or to profit by accepting risks. Commercial soybean and soy product consumers continue to price their needs, especially for winter when demand soars for soybean meal, a high-protein supplement for livestock feed rations. In contrast, barring unexpected and extremely adverse weather, producers with old-crop supplies remaining from the last harvest begin aggressively to empty their bins to make room for the new crop.