Contract Unit
The actual amount of commodities represented by a single futures contract.
Different futures contracts have different contract units and measurements. For example, soybean contracts have 5,000 bushels per contract, whereas soybean meal has 100 tons per contract.
Different futures contracts have different contract units and measurements. For example, soybean contracts have 5,000 bushels per contract, whereas soybean meal has 100 tons per contract.
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