Soybean futures provide a way to:

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

Things to Know:

• Soybean futures are a dollar denominated physical delivery 5,000 bushel (approx. 136 metric tons) contract
• Contracts are available for trading over 15 hours per day providing customers access regardless of their time zone
• Soybean futures are traded electronically on CME Globex during the Asian and European daytime market hours as well as during the primary U.S. grain trading hours side-by-side with the trading floor
• Primary uses of soybeans include livestock feed, edible oil and other foods
• Soybeans are one of the most popular oilseed products in the world and are used in the manufacture of plastics, solvents and other industrial products