CME FOB Santos Soybeans Daily Settlement Procedure
This page describes daily settlements for FOB Santos Soybeans Financially Settled Futures.
Normal Daily Settlement Procedure
Daily settlements of FOB Santos Soybeans Financially Settled (Platts) Futures are determined by CME Group staff based on the following approach:
Tier 1: All relevant market data available at 13:15 Central Time (CT) will be used to derive a settlement in each contract month.
Tier 2: If no relevant information is received by 13:15 Central Time (CT), then the contract month settles to the prior-day settlement price.
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