Senzoukria · Futures contracts

ZMQ9 expiry: August 14, 2029

ZMQ9 is the August 2029 delivery of Soybean Meal on CBOT. Its last trading day is August 14, 2029, and the app moves its default to the next listed month on August 10, 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 ZMQ9 stops trading
  3. When the volume actually leaves
  4. What one tick is worth on ZMQ9
  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
ZMQ9
Product
Soybean Meal (ZM)
Exchange
CBOT
Delivery month
August 2029 (code Q)
Last trading day
August 14, 2029
Default rolls on
August 10, 2029 (4 days before)
Tick size
0.1
Tick value
$10.00
Point value
$100.00
Next delivery
ZMU9 (September 14, 2029)

When ZMQ9 stops trading

Trading terminates on the business day preceding the 15th calendar day of the contract month. For ZMQ9 that falls on August 14, 2029.

Senzoukria stops offering ZMQ9 as the default contract on August 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 ZMQ9 the next listed delivery is ZMU9, whose last trading day is September 14, 2029. That is the contract the volume moves into, just as it moved out of ZMN9 on July 9, 2029.

What one tick is worth on ZMQ9

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 ZMQ9 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). ZMQ9 is number 5 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
ZMN9Jul 2029Jul 13, 2029Jul 9, 2029
ZMQ9 (this page)Aug 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 ZMQ9 expire?
The last trading day of ZMQ9 is August 14, 2029. Trading terminates on the business day preceding the 15th calendar day of the contract month.
When should I roll out of ZMQ9?
The app switches its default to the next listed month on August 10, 2029, which is ZMU9. 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 ZMQ9 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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