Cme group soybean meal futures xkxbenx

Cme group soybean meal futures

25.10.2020

Muntz22343

Soybean Meal Futures. Soybean meal has become a staple in livestock and poultry diets. It is largely used in fodder for livestock and even fish. It is usually made from grinding high-quality residues from soybean oil production into a yellowish-green flour. March soybeans expired at $8.46 3/4 /bu, and March meal and oil ended at $295.90/ton and 26.11 cents/lb respectively. Soybean futures still active went into the weekend lower, with May contracts the weakest. Beginning, May 13 for trade date May 14, customers will have expanded access to CBOT corn, soybeans, wheat, soybean meal and soybean oil futures and options on CME Globex as follows: Sunday to Monday, 5:00 p.m. to 4:00 p.m. CT; Monday to Friday, 6:00 p.m. to 4:00 p.m. CT. Meanwhile, the maximum premium charges for the soybean meal futures contract would increase from 7 cents per ton per day to 12 cents per ton per day. The increases are designed to better align storage costs with those for soybeans, which are scheduled to increase in November 2019. The CME Group’s proposal can be accessed here. The minimum fluctuation for Soybean Meal futures shall be ten cents ($.10) per ton ($10.00 per contract), including spreads. Daily Price Limits. There shall be no trading in Soybean Meal futures at a price more than $20 per unit of trading ($2,000 per contract) above or below the previous day’s settlement price. The futures contract is offered by the Chicago Mercantile Exchange (CME) Group, and through the CME Globex electronic trading platform, it can be traded from any part of the world. A soybean meal futures contract is equivalent to 100 Short Tons, which is approximately 91 metric tons of soybean meal.

A detailed guide to Soybean meal futures from Cannon Trading, including soybean futures live along with futures contract of cereal futures, grain futures.

Final Settlement Price Calculation for Expiring Contract. CME Group staff determines the final settlement price of the expiring CBOT Soybean Meal (ZM) futures contract based on trading activity on CME Globex between 12:00:00 and 12:01:00 Central Time (CT), the settlement period, on the day of expiration. CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME , CBOT , NYMEX and COMEX . Soybean Meal Futures. Soybean meal has become a staple in livestock and poultry diets. It is largely used in fodder for livestock and even fish. It is usually made from grinding high-quality residues from soybean oil production into a yellowish-green flour. March soybeans expired at $8.46 3/4 /bu, and March meal and oil ended at $295.90/ton and 26.11 cents/lb respectively. Soybean futures still active went into the weekend lower, with May contracts the weakest.

Corn futures and soybean meal futures represent the prices used to determine the prices for the CME Group corn futures contracts for December and March.

CME Group (ex-CBOT markets), Corn C, C2, Globex, Nth American, Same Day ( unofficial) Soybean Meal C, SM2, Globex, Nth American, Same Day (unofficial) parameters which is influencing the soybean prices, soybeans, soya meal and Now the future price of this 3 commodity can give us an indication regarding contract specification is given, this is CME Group and Agricultural Commodity. 13 May 2009 Futures Contract Symbols CBOT, Chicago Board of Trade - Division of CME Group SM, Soybean Meal, CBOT, F,H,K,N,Q,U,V,Z, 0.1, 100.

March soybeans expired at $8.46 3/4 /bu, and March meal and oil ended at $295.90/ton and 26.11 cents/lb respectively. Soybean futures still active went into the weekend lower, with May contracts the weakest.

CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX. CBOT Soybean futures (ticker symbol ZS) give you an easy, liquid tool to seek to profit from or hedge against price movements for one of the world’s most widely grown crops. Individuals traders, grain elevators, farmers, investors and commercial firms are among those around the world using this fully electronic contract to manage risk, seek rewards and/or diversify portfolios. CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME , CBOT , NYMEX and COMEX . Soybean meal futures and options are traded at the CME Group. The CME soybean meal futures contract calls for the delivery of 100 tons of soybean meal produced by conditioning ground soybeans and reducing the oil content of the conditioned product and having a minimum of 48.0% protein, minimum of 0.5% fat, maximum of 3.5% fiber, and maximum of 12.0% moisture.

CHICAGO, March 24, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- CME Group, the world's largest and most diverse derivatives exchange, today announced that the Commodity Futures Trading Commission (CFTC) has approved new daily price limits to begin March 28, 2008, for corn, mini-sized corn, soybeans, mini-sized soybeans and soybean oil futures and options on futures contracts.

The minimum fluctuation for Soybean Meal futures shall be ten cents ($.10) per ton ($10.00 per contract), including spreads. Daily Price Limits. There shall be no trading in Soybean Meal futures at a price more than $20 per unit of trading ($2,000 per contract) above or below the previous day’s settlement price. The futures contract is offered by the Chicago Mercantile Exchange (CME) Group, and through the CME Globex electronic trading platform, it can be traded from any part of the world. A soybean meal futures contract is equivalent to 100 Short Tons, which is approximately 91 metric tons of soybean meal.