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FOB Santos Soybeans Financially Settled (Platts) Futures Contract Specs

Contract Unit 136 metric tons
Price Quotation U.S. dollars and cents per metric ton
Trading Hours CME Globex: Monday - Friday:  8:30 a.m. - 1:20 p.m. CT
Pre-Open: Monday - Friday:  8:00 a.m. - 8:30 a.m. CT
CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
Minimum Price Fluctuation 0.20 per metric ton = $27.20
Product Code CME Globex: SAS
CME ClearPort: SAS
Clearing: SAS
Listed Contracts 11 monthly contracts listed in the Jan, Feb, Mar, May, Jul, Aug, Sep and Nov contracts
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month shall be equal to the arithmetic average of the “SOYBEX FOB Santos - Platts Symbol SYBBB00 ” price assessment published by Platts for each day that it is determined during the calculation period. The Floating Price shall be rounded to the nearest $0.01.
Termination Of Trading Trading terminates on the business day prior to the 16th calendar day of the month prior to the contract month. 
Settlement Procedures South American Soybean Settlement Procedure
Position Limits CBOT Position Limits
Exchange Rulebook CBOT 11F
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing