What is a soybean future?
A soybean future is an exchange traded and regulated contract where the buyer agrees to take delivery of a certain asset (in this case, soybeans) on a certain date at a fixed price.
How many bushels of soybean are in a futures contract?
Generally, a soybean futures contract involves 5,000 bushels of soybeans.
What time do soybean futures trade?
Generally, soybean futures trade from 8:00 am EST to 2:20 pm EST, Monday-Friday