Senzoukria · Futures contracts

ZMN9 expiry: July 13, 2029

ZMN9 is the July 2029 delivery of Soybean Meal on CBOT. Its last trading day is July 13, 2029, and the app moves its default to the next listed month on July 9, 2029, 4 calendar days earlier. One tick is 0.1, worth $10.00, on a multiplier of 100.

Updated September 2026First published 16 October 2026

On this page
  1. Contract specifications
  2. When ZMN9 stops trading
  3. When the volume actually leaves
  4. What one tick is worth on ZMN9
  5. Every ZM delivery listed in 2029
  6. Related pages
  7. In the same section
  8. This page in other languages
  9. Frequently asked questions

Contract specifications

Contract symbol
ZMN9
Product
Soybean Meal (ZM)
Exchange
CBOT
Delivery month
July 2029 (code N)
Last trading day
July 13, 2029
Default rolls on
July 9, 2029 (4 days before)
Tick size
0.1
Tick value
$10.00
Point value
$100.00
Next delivery
ZMQ9 (August 14, 2029)

When ZMN9 stops trading

Trading terminates on the business day preceding the 15th calendar day of the contract month. For ZMN9 that falls on July 13, 2029.

Senzoukria stops offering ZMN9 as the default contract on July 9, 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 ZMN9 the next listed delivery is ZMQ9, whose last trading day is August 14, 2029. That is the contract the volume moves into, just as it moved out of ZMK9 on May 10, 2029.

What one tick is worth on ZMN9

The minimum price fluctuation is 0.1, which is $10.00 per contract on a multiplier of 100. A full point is therefore $100.00. 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 0.1 sets how finely the bid and ask volume of ZM 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 ZMN9 position and the rows of its footprint come from the same numbers.

Every ZM delivery listed in 2029

ZM lists 8 delivery months a year (F, H, K, N, Q, U, V, Z). ZMN9 is number 4 of 8 in 2029.

ZM 2029: last trading day and roll date of every listed delivery
ContractDeliveryLast trading dayDefault rolls on
ZMF9Jan 2029Jan 12, 2029Jan 8, 2029
ZMH9Mar 2029Mar 14, 2029Mar 10, 2029
ZMK9May 2029May 14, 2029May 10, 2029
ZMN9 (this page)Jul 2029Jul 13, 2029Jul 9, 2029
ZMQ9Aug 2029Aug 14, 2029Aug 10, 2029
ZMU9Sep 2029Sep 14, 2029Sep 10, 2029
ZMV9Oct 2029Oct 12, 2029Oct 8, 2029
ZMZ9Dec 2029Dec 14, 2029Dec 10, 2029

In the same section

This page in other languages

Frequently asked questions

When does ZMN9 expire?
The last trading day of ZMN9 is July 13, 2029. Trading terminates on the business day preceding the 15th calendar day of the contract month.
When should I roll out of ZMN9?
The app switches its default to the next listed month on July 9, 2029, which is ZMQ9. 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 ZMN9 worth?
One tick of 0.1 is $10.00 per contract, and a full point is $100.00, on a multiplier of 100.
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