South American Soybean Futures Contract

Commodity Marketing


South American Soybean Futures Contract

Sep 19, 2020 | 10:29 1 The CME group is launching a South American soybean contract on Sept 21st. Contract size is; 136 MT.

Months to trade; Jan/Feb/Mar May/Jul/Aug/Sep/Nov

Prices based FOB Santos, Brazil

South American bean production now dwarfs that of North America. Suspect this contract may gain traction for global price discovery fairly quickly.

FYI . . . . Reply With Quote

  • ajl
    Sep 19, 2020 | 11:21 2 Trading in USD or yuan? Reply With Quote
    Sep 19, 2020 | 11:28 3
    Quote Originally Posted by ajl View Post
    Trading in USD or yuan?
    CME Group = USD, but who knows for the future. Reply With Quote
    Sep 20, 2020 | 03:43 4 If it’s liquid enough you would think ample volatility, spec guys should flock to it if massive moves at times.

    That’s in the context of it being South American wild changes in yields, reports and weather.

    All make for good exchange. Reply With Quote
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