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Revised Specifications/South American Soybean Futures

The Board of Directors and the CFTC have approved regulation changes for CBOT® South American Soybean futures to:

-        Reduce the maximum carrying charge for outstanding shipping certificates from ½ cent to 15/100 of one cent per bushel per day; and

-        Establish a minimum delivery quantity of 35, 000 bushels for initial deliveries.

These amendments will be effective for all South American Soybean futures contract months from March 2006 forward.

Copies of the revised regulations are available from the Secretary’s Office.

Questions in this regard may be directed to David Lehman, Business Development, (312) 347-3848.

 




 
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