Soybean Oil futures provide a way to:

• Participate in global price discovery for soybean oil
• Effectively manage the price risk that soybean oil merchandisers, food processors, importers and others have related to the purchase or sale of soybean oil
• Take advantage of arbitrage and spread opportunities with other commodities including related grains and oilseeds
• Evaluate or reflect on both the current and future supply and demand situation for soybean oil
• Identify short and long-term cyclical price and volatility patterns for soybean oil
• Trade to hedge or speculate based on expectations of directional price, spread movement or volatility in soybean oil
• Trade in deep liquid markets

Things to Know:

• Soybean oil futures are a dollar denominated physical delivery 60,000 pound (approx. 27 metric tons) contract
• Contracts are available for trading over 15 hours per day providing customers access regardless of their time zone
• Soybean oil futures are traded electronically on CME Globex during the Asian and European daytime market hours as well as during the primary U.S. grain market hours side-by-side with the trading floor
• As the main ingredient in a wide range of cooking products, Soybean oil the most widely used edible oil in the United States
• Soybean oil is also the primary component of bio-diesel fuel, an increasingly important new source of energy