Soybean Meal Futures

Basic Trading Unit: 20 tons (2,000 lbs./ton)

Deliverable Grade: Cash settled based on settlement process for CBOT's expiring soybean meal futures contract.

Price Quotation: Cent per bushel

Min. Fluctuation: 10 cent per ton ($2.00 per contract)

Daily Price Limit: $10 per ton ($200 per contract) above or below the previous day's settlement price

Contract Months: January, March, May, July, August, September, December.

Trading Hours: 8:30 a.m. to 1:45 p.m. (Chicago time)

Last Trading Day: Twelfth business day preceding the last business day of the month

Last Delivery Day: Cash settlement

Ticker Symbol: XE

Date Trading Began: March 36, 1985


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