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Synthetic Soybean Crush Futures
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Implied Soybean Crush Futures Spread
Contract Size 50,000 bushels (~1361 metric tons)
Spread Legs Short the Crush: Long 10 Soybeans, Short 11 Soybean Meal, Short 9 Soybean Oil
Long the Crush: Short 10 Soybeans, Long 11 Soybean Meal, Long 9 Soybean Oil
Pricing Unit Cents per bushel

Tick Size (minimum fluctuation)

 1/4 of one cent per bushel ($125.00 per contract)
Contract Months/Symbols January (F), March (H), May (K), July (N), August (Q), September (U), October (V), November (X) & December (Z)
Trading Hours CME Globex 6:00 pm to 7:15 am and 9:30 am to 1:15 pm Sunday through Friday
Daily Price Limit Limits on each individual leg. See rule book chapters for soybean, soybean meal & soybean oil
Settlement Physical
Last Trade Date Business day prior to the 15th calendar day for the earliest expiration of Soybeans or Soybean Meal and Soybean Oil Futures for the contract month. 12:01 PM Chicago Time
Product Ticker Symbols SOM
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CBOT.