[Hours] Soybean and SoyOil CFD
Soybean Futures (CME CBOT, ZS) : Contract Unit: 5,000 bushels (~136 metric tons). Price Quotation: Cents per bushel. Settlement Method: Deliverable.
Soybean Meal Futures (CME CBOT: ZM) : Soybean meal is produced from the residue left after oil extraction. Soybean meal is used in food and animal feeds as a protein supplement, and also used as a source of metabolizable energy. Contract Unit: 100 Short Tons (~ 91 metric tons). Price Quotation: Dollars and Cents per short ton. Minimum Price Fluctuation: 10 cents per short ton ($10.00 per contract) . Settlement Method: Deliverable. Settlement Method: Deliverable. Product Code: CME Globex: ZM.
Soybean Oil Futures (CME CBOT: ZL) : Soybean oil is a vegetable oil extracted from the seeds of the soybean, and It is one of the most widely consumed cooking oils. As a drying oil, processed soybean oil is also used for printing inks and oil paints. Contract Size : 60,000 pounds (lbs) (~ 27 metric tons), Price Quotation : Cents per pound, Minimum Price Movement : 1/100 of a cent ($0.0001) per pound ($6.00 per contract), Settlement : Physical delivery.