How To Trade Soybean Oil Futures?

The Chicago Mercantile Exchange (CME) soybean futures contract is the most direct way to trade soybeans:

Hours of Operation: 9:30 a.m. to 1:15 p.m. 6:31 p.m. to 6:00 a.m., Open Outcry Computer-based (Chicago Time)

What is the procedure for purchasing soybean oil futures?

Participate in the global soybean oil price discovery process. Identify cyclical pricing and volatility trends for soybean oil over the short and long term. Trade soybean oil to hedge or bet on expected directional price, spread movement, or volatility. There is just one contract denomination that can be traded:

Contract Expiration: To receive access to our web-based trading platform, request a free demo.

You will be able to read entire contract parameters, including First Notice and Last Trading Day, from within the web-based platform.

Margin requirements for open futures holdings are subject to vary and are required.

The CME Globex trading platform offers the soybean oil futures contract for trading.

Open outcry trading takes place from 7:30 a.m. to 11:15 a.m. PT.

Electronic trading is available during open outcry trading and from 4:00 p.m. to 4:00 a.m. p.m. p.m. p.m. p.m. p.m. p.

Trading example: If you buy one contract of ZL at 60.00 and it goes to 60.50 the next day, you will make a $300 profit.

On the other hand, if it dropped to 59.50, you’d lose $300.

What is the best way to trade soybean futures?

Soybeans futures can be traded on the CME Market/Chicago Board of Trade (CBOT) Globex electronic exchange or on the ICE futures exchange. There are two types of soybean futures contracts available on the CME platform. The ticker XK is for mini-sized soybeans, whereas the ticker ZS is for regular-sized soybeans.

Futures contracts

A futures contract is the most frequent way for traders to enter the soybean market. Futures contracts allow traders to agree on the delivery of a specific quantity of soybeans, soybean oil, or soybean meal at a specific price at a future date. With a futures contract, however, a trader may be required to take delivery of the soybeans at some point. This could be a concern unless they have enough storage facilities.

Contracts for difference

CFDs allow you to make predictions on the price movements of soybean markets without having to possess the actual assets. CFDs can be used as a hedge for your other active positions because they allow you to go short or long in order to profit from both market dips and advances.

Can I invest in oil futures?

Before executing a futures trade, it’s critical to understand the benefits and hazards of crude oil futures. Unlike traditional investments, crude oil futures allow you to trade almost 24 hours a day during the trading week and profit from trading opportunities regardless of market direction. Crude oil futures also allow traders to trade with more leverage and make better use of their trading money. Trading leveraged goods like crude oil futures, on the other hand, has the possibility of losses exceeding the initial investment, and is not suited for all investors.

What is the price of a soybean futures contract?

Contract requirements for soybean futures. 0.25 per contract, valued $12.50 From 8:00 p.m. U.S. ET until 2:20 p.m. U.S. ET the next day, soybean futures are traded electronically on the Globex platform.

How do you interpret the price of soybean futures?

Soybean oil futures are traded in 60,000-pound contracts and are priced in cents per pound. When you see a price of 38.20, it refers to $0.3820 per pound, or 38.20 cents. A tenth of a cent price increase is represented by a positive daily change of.10.

A futures contract contains how many bushels of soybeans?

One futures contract for soybeans, for example, represents 5,000 bushels of soybeans. As a result, the contract’s monetary value is 5,000 times the price per bushel. The contract’s worth is $28,500 ($5.70 x 5,000 bushels) if the market is trading at $5.70 a bushel. The maintenance margin necessary for one contract of soybeans, according to exchange margin standards in effect on Jan. 23, 2022, is roughly $2,650.

Is it possible to swap soybeans?

Soybeans can be purchased in a variety of ways, including soybean shares, soybean CFDs, soybean ETFs, soybean futures, and soybean options futures.

Soybean prices are frequently linked to the prices of other agricultural commodities. As a result, traders frequently gamble on soybeans in respect to these other agricultural commodities using spread trades, which include buying and selling two distinct soybean futures contracts at the same time.

Soybean Finance

Receivables finance and secured financing are two of the most prevalent ways for traders to finance soybeans.

Receivables are any sums due to a business and are considered assets. A trader or firm will use payments owed to them to get finance in receivables financing.

How can I go about purchasing soybean stock?

Soybeans are one of the most widely grown agricultural crops in the United States. According to the Environmental Protection Agency, about 73 million acres of cropland in the United States were used to harvest 2.8 billion bushels of soybeans in 2000. This is a fantastic investment opportunity. Investors can indirectly participate by owning fertilizer businesses and other agricultural assets, but only three investment vehicles allow direct exposure to soybean prices: futures, futures options, and exchange-traded investments. Each of these investment categories has its own set of characteristics to examine.