The soybean or soya bean, belongs to the pea family. This crop is native to East Asia, widely grown for its edible bean which has numerous uses. Fat-free soybean meal is a significant and cheap source of protein for animal feeds and many packaged meals. At PMEX, you can trade Soybean futures contracts in the following standard lot size:-
5,000 bushels.
1 bushel of Soybean is approx equal to 56 lbs. (pounds) or 25 kg.