Grains » Soybean Futures

Now you can trade Soybean futures at optionsXpress! Open an account to trade futures at optionsXpress.

Symbol
S
Exchange
CBOT
Contract Size
5,000 Bushels
Tick Size
0.25 = $12.50

About CBOT Soybean Futures

Soybeans have a seemingly limitless range of uses. Most importantly, of course, they serve as a central ingredient in baby food, diet-food products, beer, ale, noodles, cooking oil, margarine, mayonnaise, salad dressing, shortening, etc. Lecithin is a natural emulsifier derived from soybeans. Several important low-fat sources of protein, such as tofu, miso, and soymilk also use soybeans as a major ingredient.

Soybeans are increasingly being seen as renewable resource with many industrial applications, too. For example, many publications are printed using soy ink, which is more environmentally-friendly than petrochemical-based inks. Soy diesel is a new energy source that's capturing the attention of the trucking industry. And soybeans are also used in adhesives, cleaning material, polyesters, and other textiles.

CBOT Soybean Futures Specifications

Soybean futures, Chicago Board of Trade, symbol S. This contract covers 5,000 bushels. The minimum tick is 0.25, worth $12.50 per contract.

Trade electronically on the Globex platform from 7:00 PM US EST to 2:15 PM US EST on the following day. Please note that there is a maintenance period from 8:15 AM US EST until 10:30 AM US EST during which trading is halted.

Principal trading months for soybean futures include January, March, May, July, August, September, and November.

Please see the disclosures page for additional information regarding this section.