TFC Commodity Charts
Soybean Meal (SM, CBOT)
2008 Commitment of Traders Report



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Contract Specifications:SM,CBOT
Trading Unit: 100 tons (2,000 lbs/ton)
Tick Size: 10 cents/ton ($10/contract)
Initial Margin: $1,823   Maint Margin: $1,350
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: 9:30 a.m. - 1:15 p.m. Chicago time, Mon-Fri.
Trading in expiring contracts closes at noon on the last trading day.
Overnight session hours are from 8:30 p.m. - 6:00 a.m. Chicago time, Sun-Fri
Daily Limit: +-$20/ton ($2,000/contract), spot month none

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