Soybean Meal Futures (ZM) provide traders with exposure to this critical livestock feed ingredient. These contracts allow for speculation on soybean meal prices, hedging for producers and users, or trading the soybean crush spread.
Contract Size: 100 tons
Example: This contract size allows traders to gain exposure to grains with controlled leverage and risk.
These specifications make Soybean Meal (ZM) Futures suitable for traders seeking exposure to grains markets.
Soybean Meal (ZM) Futures trade with extended hours, providing flexibility for traders in different time zones.
Platform Symbol: ZM
To trade Soybean Meal (ZM) Futures, you'll need to meet specific margin requirements. Check with your broker for the latest margin rates and details.
Proper position sizing is crucial when trading Soybean Meal (ZM) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.
For Soybean Meal (ZM) Futures (ZM):
If you want to risk $500 with a 10-point stop loss:
Risk per Contract = Stop Loss in Points × Point Value = 10 × 100.00 per dollar = $1000
Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $1000 = 0 contracts