Commodity trading is not suitable for everyone. The risk of loss in trading can be substantial. This material has been prepared by a sales or trading employee or agent of Van Commodities, Inc. and is, or is in the nature of, a solicitation. This material is not a research report prepared by Van Commodities, Inc. Research Department. Please view our Risk Disclaimer.

Soybean Oil  Futures Specifications


The soybean oil contract specifications tell you how the soybean oil  futures trade, not how to trade the soybean oil  futures. Before you consider opening a commodity futures account you should consult with a licensed commodities broker.


Soybean Oil Futures

Contract Size

60,000 lbs


Deliverable Grades

Crude soybean oil meeting exchange-approved grades and standards-see exchange Rules and Regulations for exact specifications.


Tick Size

1/100 cent ($0.0001)/lb ($6/contract)


Price Quote



Contract Months

Oct, Dec, Jan, Mar, May, Jul, Aug, Sep


Last Trading Day

The business day prior to the 15th calendar day of the contract month.


Last Delivery Day

Last business day of the delivery month.


Trading Hours

Electronic: 6:00 p.m. - 6:00 a.m. and 9:30 a.m. - 1:15 p.m. Central Time, Sun.-Fri.

Open Auction: 9:30 a.m. - 1:15 p.m. Central Time, Mon-Fri.

Trading in expiring contracts closes at noon on the last trading day.


Ticker Symbols

Open Auction: BO

Electronic: ZL


Daily Price Limit

2.5 cents per pound ($1,500/contract) above or below the previous day's settlement price. No limit in the spot month (limits are lifted beginning on First Position Day).


Margin Information

Find information on margins requirements for the Soybean Oil Futures.


An Introduction to Trading CBOT Agricultural Futures and Options

Click on the link above to download a printable .pdf booklet entitled “An Introduction to Trading CBOT Agricultural Futures and Options”. It is published by the Chicago Board of Trade. It is a must read guide for any novice or advanced trader considering an investment in the soybean oil futures.

Click here to contact a licensed commodities broker with experience in the soybean oil markets.


Commodity trading is not suitable for everyone. The risk of loss in trading can be substantial. When trading futures and/or options, it is possible to lose more than the full value of your account. All funds committed should be risk capital. Carefully consider the inherent risks of such an investment in light of your financial condition. Past results are not necessarily indicative of future results. Please do your own research before investing in the futures market. This site contains no investment recommendations. The information and opinions contained herein comes from sources believed to be reliable, but are not guaranteed as to accuracy or completeness.