Implied Soybean Crush
Futures and Options
Soybean Crush Options - Contract Specs
| Contract Unit | 1 crush spread for 50,000 bushels |
|---|---|
| Minimum Price Fluctuation | 1/8 of one cent per bushel (0.00125) = $62.50 |
| Price Quotation | U.S. dollar and cents per bushel |
| Trading Hours | CME Globex: Sunday - Friday, 7:00 p.m. - 7:45 a.m. CT and Monday - Friday, 8:30 a.m. - 1:20 p.m. CT |
| Product Code | CME Globex: BCE CME ClearPort: 31 Clearing: 31 |
| Listed Contracts | 10 standard months with the following combinations (the Oct. and Dec. Crush use different months for the Soybeans than for the Soybean Meal and Soybean Oil): Crush: Jan. Mar. May July Aug. Sept. Oct. Dec. Soybeans: Jan. Mar. May July Aug. Sept. Nov. Nov. Meal/Oil: Jan. Mar. May July Aug. Sept. Oct. Dec. |
| Termination of Trading | Trading terminates on the last Friday which precedes by at least two business days the last business day of the month prior to the contract month. Trading in expiring options ceases at the close of the regular CME Globex trading session for the corresponding futures contract. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | |
| Settlement Method | Deliverable |
| Underlying | Soybean Crush Synthetic Futures |
