Soybean Meal (Globex)
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Soybean Meal (Globex) (CBOT)

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Contract Specifications:ZM,CBOT
Trading Unit: 100 tons (2,000 lbs/ton)
Tick Size: 10 cents/ton ($10/contract)
Quoted Units: US $ per short ton
Initial Margin: $2,363   Maint Margin: $1,700
Contract Months: Jan, Mar, May, Jul, Aug, Sep, Oct, Dec,
First Notice Day: Last business day of month preceding contract month.
Last Trading Day: The business day prior to the 15th calendar day of the contract month.
Trading Hours: Electronic: 5:00 p.m. - 2:00 p.m. Central Time
Trading in expiring contracts closes at noon on the last trading day.
Daily Limit: +-$20/ton ($2,000/contract), spot month none

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