The soybean market is traded at the Chicago Board of Trade. Regular session trading hours for the soybean market are from 9:30 AM Central Time to 1:15 PM Central Time. A nighttime Eurex session is also traded. The market is traded in 5,000 bushel contracts, with a minimum price fluctuation of 1/4 cent per bushel indicating a change in value of $12.50 per contract. The United States is the world's largest soybean producer, and Iowa and Illinois are normally the leading soybean producing states. This market is very sensitive to weather developments in the April-October time frame.
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