CME FOB Santos Soybeans 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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