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Soybean Crush Synthetic Futures Contract Specs

Contract Unit 50,000 bushels (~1361 metric tons)
Price Quotation Cents per bushel
Trading Hours Sunday - Friday, 7:00 p.m. - 7:45 a.m. CT and
Monday - Friday, 8:30 a.m. - 1:15 p.m. CT
Minimum Price Fluctuation 1/4 of one cent per bushel ($125.00 per contract)
Product Code CME Globex: SOM
Open Outcry: SOM
Clearing: SOM
Listed Contracts January (F), March (H), May (K), July (N), August (Q), September (U), October (V), & December (Z)
Settlement Method Deliverable
Termination Of Trading Business day prior to the 15th calendar day for the earliest expiration of Soybeans or Soybean Meal and Soybean Oil Futures for the contract month. 12:01 PM Chicago Time
Settlement Procedures Soybean Crush Settlement Procedures
Position Limits CBOT Position Limits
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing