How
to Use the Probabilistic Price Forecasts Soybean Meal Futures and Options Contract Specifications Home 
July 2013 Soybean Meal
Futures December 2013 Soybean Meal Futures 
There is a 10% chance that the price will be higher than $467.07 and a 10% chance that the price will be less than or equal to $364.81. This indicates that there is an 80% probability that the price will fall between these two prices. There is a 50% chance the price will be less than or equal to (or greater than) $412.59. 

Current Futures Price 
414.50 
Standard Error of Futures Price Distribution at Maturity  39.9461 
Median of Futures Price Distribution at Maturity  412.59 
There is a 10% chance that the price will be higher than $424.00 and a 10% chance that the price will be less than or equal to $269.99. This indicates that there is an 80% probability that the price will fall between these two prices. There is a 50% chance the price will be less than or equal to (or greater than) $338.05. 

Current Futures Price  343.30 
Standard Error of Futures Price Distribution at Maturity 
60.7608 
Median of Futures Price Distribution at Maturity  338.05 