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Contract specifications
- Contract symbol
- ZLU9
- Product
- Soybean Oil (ZL)
- Exchange
- CBOT
- Delivery month
- September 2029 (code U)
- Last trading day
- September 14, 2029
- Default rolls on
- September 10, 2029 (4 days before)
- Tick size
- 0.01
- Tick value
- $6.00
- Point value
- $600.00
- Next delivery
- ZLV9 (October 12, 2029)
When ZLU9 stops trading
Trading terminates on the business day preceding the 15th calendar day of the contract month. For ZLU9 that falls on September 14, 2029.
Senzoukria stops offering ZLU9 as the default contract on September 10, 2029, 4 calendar days before that last trading day, and keeps it selectable with a badge. The date is computed from the exchange rule rather than stored. The engine counts Monday to Friday and holds no CME holiday table, so a date that falls next to a public holiday can be one day off the exchange calendar. Check the exchange calendar when the date sits close to a holiday.
When the volume actually leaves
Grain contracts follow the crop calendar rather than the quarter, so the listed months are uneven and the roll dates do not fall at regular intervals. The active month is the one carrying the volume, not the nearest by date.
For ZLU9 the next listed delivery is ZLV9, whose last trading day is October 12, 2029. That is the contract the volume moves into, just as it moved out of ZLQ9 on August 10, 2029.
What one tick is worth on ZLU9
The minimum price fluctuation is 0.01, which is $6.00 per contract on a multiplier of 600. A full point is therefore $600.00. On a footprint chart one row is one tick, so the same vertical space holds a different number of rows depending on the product: a tick of 0.01 sets how finely the bid and ask volume of ZL can be read.
These are the values the app itself trades on, taken from its contract table rather than retyped, so the P&L shown on a ZLU9 position and the rows of its footprint come from the same numbers.
Every ZL delivery listed in 2029
ZL lists 8 delivery months a year (F, H, K, N, Q, U, V, Z). ZLU9 is number 6 of 8 in 2029.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| ZLF9 | Jan 2029 | Jan 12, 2029 | Jan 8, 2029 |
| ZLH9 | Mar 2029 | Mar 14, 2029 | Mar 10, 2029 |
| ZLK9 | May 2029 | May 14, 2029 | May 10, 2029 |
| ZLN9 | Jul 2029 | Jul 13, 2029 | Jul 9, 2029 |
| ZLQ9 | Aug 2029 | Aug 14, 2029 | Aug 10, 2029 |
| ZLU9 (this page) | Sep 2029 | Sep 14, 2029 | Sep 10, 2029 |
| ZLV9 | Oct 2029 | Oct 12, 2029 | Oct 8, 2029 |
| ZLZ9 | Dec 2029 | Dec 14, 2029 | Dec 10, 2029 |
Related pages
- ZL — Soybean Oil
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Roll yield
- Back month contract
- ZLV9
- ZLQ9
- ZL 2029
- ZMU9
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Frequently asked questions
- When does ZLU9 expire?
- The last trading day of ZLU9 is September 14, 2029. Trading terminates on the business day preceding the 15th calendar day of the contract month.
- When should I roll out of ZLU9?
- The app switches its default to the next listed month on September 10, 2029, which is ZLV9. In practice the volume moves before the calendar does, so compare the traded volume and open interest of the two months rather than waiting for the last trading day.
- How much is one tick of ZLU9 worth?
- One tick of 0.01 is $6.00 per contract, and a full point is $600.00, on a multiplier of 600.