Product sheet | B3

FOB Santos (Platts) Soybean Futures

  • Brazil is the largest producer and exporter of soybeans in the world and now, B3, the Brazilian stock exchange, has a risk management tool based on the price of Brazilian soy. The new contract is based on the export price at the port of Santos and financial settlement calculated in dollars per ton by the S&P Global Platts prices assessments. Investors who choose to operate the product will have more transparency in the negotiation and pricing process, in addition to a price that adheres to the Brazilian reality.

    New B3 Soybean Futures Contract. The derivative that drives and protects Brazilian agribusiness.

  • UnderlyingBulk soybeans, FOB Santos, 60,000 metric tons.
    Contract size34 metric tons (t).
    QuotationUnited States Dollars per metric ton (USD/mt), two decimal places.
    Tick sizeUSD 0.20 per metric ton (USD 6.80 per contract).
    Round-lot1 contract
    Last trading dayThe business day prior to the expiration date.
    Expiration dateThe sixteenth day of the month prior to the contract month. If there is no trading session on that day, the expiration date is the day of the next trading session.
    Contract monthsAll months.
    Settlement on expirationCash