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|This article describes a futures contract with a discrete termination or delivery date. View articles referencing this futures contract.|
Soybean Oil futures prices for a July, 2009 delivery date. Prices are in cents per pound.
Soybean Oil futures are delivered every year in January, March, May, July, August, September, October, & December.
The following is a table with soybean oil futures delivery dates and resultant tickers for 2009. For an explanation on commodity tickers see commodity ticker construction.
|Delivery Month||Full Ticker Symbol||Thomson-Reuters Symbol|
One Soybean Oil futures contract on the Chicago Board of Trade is 60,000 pounds.
2.5 cents per pound expandable to 3.5 cents per pound and then to 5.5 cents per pound when the market closes at limit bid or limit offer. There shall be no price limits on the current month contract on or after the second business day preceding the first day of the delivery month.
Trading of Soybean Oil futures contracts on the Chicago Board of Trade ends on the business day prior to the 15th calendar day of the contract month.
Deliverable Soybean Oil grades for futures contracts on the Chicago Board of Trade are: Crude soybean oil meeting exchange-approved grades and standards-see exchange Rules and Regulations for exact specifications.