Posted 6/8/2011 21:30 (#1810346 - in reply to #1809934) Subject: Re: Selling a (Soybean) Contract
20 Miles West of Indianapolis Indiana
one contract is 5000 bushels. and a mini contract is 1000. Be aware that if the market continues to go up you'll be liable for margin calls. I would likely use a put/call strategy if you are new. or just contract it on the cash market and possibly buy it back on the futures if you feel that its going to continue to go up.