Soybean Swaps Through CME ClearPort

Soybean Calendar Swaps through CME ClearPort address the need to hedge basis risk in the increasingly volatile grain and oilseed markets. They offer OTC market participants the benefits and financial safeguards of central clearing in addition to the flexibility of being able to use a variety of interfaces and platforms to access the CME ClearPort Web interface. They enhance risk management practices by enabling market users to create tailored hedges in a centrally cleared environment.


  • Financial integrity of CME Clearing virtually eliminating third party credit risk
  • Flexibility of privately negotiated swap contract terms
  • Reduced capital requirements due to cross product margin efficiencies
  • Easy and accessible use of CME ClearPort services – limited and straightforward registration documentation*
  • Position accountability through our daily mark to market process

*CME Group cleared only Grain Swaps eliminate the need for costly and time consuming ISDA documentation

About Calendar Swaps

Soybean Calendar Swaps are based on the average daily settlement price for the corresponding underlying futures contract during the final month of clearing the swap. They are cleared-only OTC transactions and are not substituted into a futures contract. They offer a way to manage price volatility.