| Suppose you purchase a May 2018 soybean meal futures contract on March 27, 2018, at the last price of the day. Use Table 25.2. |
| What will your profit or loss be if soybean meal prices turn out to be $383.27 per ton at expiration? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16) |
May 04 72.690 1972 Futures Contracts Metal & Petroleum Futures Contract Open Open High Nilo Low Settle ang interest Copper-High (WC) 25,000 lbs.Sperib March 29760 2.9775 29760 2.9915 0.0320 302 May 2.9340 3.0240 29775 3.0005 0.0305 150.761 Gold (CMO-100 troyca.Sper troya March - 1341.30 -13.10 475 Aort 1353.60 1356.00 1339.60 1342.00 -13.00 100.630 June 1359.30 1362.60 1345.00 1347.90 -13.00 327,650 Aug 1365.80 1368.20 135L90 1354.10 -13.00 19,357 Oct 1371.00 1372.00 1359.00 1360.10 -13.00 6,801 Dec 1376.80 1300.90 1364.20 1366.50 -13.10 45.274 Palladium (NYM)- 50 troy oz. Spertroyez March 975.30 June 970.80 978.65 966,60 971.80 22.978 Sept 967.10 958.10 965.00 966.65 1193 Platinum ONYMO)-50troy oz: Sper troy az April 952.80 961.60 939.20 946.70 12,588 July 958.50 987.40 945.00 952.80 -400 Silver (CMIX)-5000 troyce Spertroy oz March 16.69 -0.143 May 16.690 16910 16.465 16.541 -0.18 149.163 Crude Oil, Light Sweet ANYM)-LO0Obbis:Sper tbl. May 65.55 66.41 64.53 65.25 -0.30 512,488 June 65.47 66.27 64.49 65.18 -023 347,725 July 65.09 65. 64.17 64.36 0.17 156,042 Supt 64.00 64.71 63.25 63.83 -0.09 170.143 Dec 6235 63.05 6168 0.01 251,898 Dec 19 57.52 5811 57.14 57.67 0.15 133,839 NY Harbor ULSDOTYM) 42000 al Spergal April 2017020460 20050 2.0224 .0074 25,793 May 20199 20485 2.0065 20242 0062 128,061 Gasoline-NYRBOB ONYM) 42000 gal:S pergal April 20110 20330 19987 2.0135 25.530 May 20199 20426 20060 20210 .0007 160,898 Natural Gas (NYM)-10,000 MMBtu:SperMMetu Aort 2629 2707 2623 0735,560 May 2669 272 2660 2714 057 389,906 June 2728 2774 2719 2.766 050 93,399 2789 2.830 2780 045 154.195 Sept 2788 2829 2.782 2.823 039 96,749 2805 2842 2.795 2.836 040 130,534 L.998 54 Contract Open Open High Hlo Low Settle Chg interest Sugar-World ICE-US) 11.2000 lbs:cents per May 1242 12.58 1235 12.54 12 417,923 July 1263 1272 1254 12.66 -10 236,270 Sugar-Domestic (CE-US) 112000 bs.cents perb May 24.45 24.45 2446 2445 -033218 July 28.05 1.05 25.05 25.05 2 491 25.02 -13 2,674 Cotton OCE-US) 50.000 lbs.cents perib 81.88 82.77 81.72 82.02 24 113,430 Dec 77.50 77.92 7750 77.52 Orange Juice (ICE-US)-15,000 lbs.centsport May 138.10 138.35 136.20 137.70 -20 9.537 July 138.40 138.60 137.00 138.00 190 Interest Rate Futures Treasury Bonds (CBT-5100.000.pts 32nds of 100% June 144-140 145-280 144-110 145-200 29.0 793,328 Sept 14-280 144-150 143-280 144-210 30.0 Treasury Notes (CBT) $100.000 pts 32nds of 100% June 120-120 122-015 1 20-110 120-290 14.0 3,490,478 Sept 120-090 120-195 120-010 120-205145 5Yr. Treasury Notes (CBT) $100,000 pes 32nds of 100% March 114-12 114-162 114-160 114215 92 2,819 June 114-015 114-145 1007110120 114-007 114-120 90 3364585 2 Yr. Treasury Notes (CBT)-$200,000, pts 32nds of 100% March 106-177 106-187 106-172 106-185 7 11,641 June 206-077 106-11 106-072 106-107 27 1.899733 30 Day Federal Funds (GT-S5,000,000,000 daly avg March 98.500 98.500 98.498 98.498 1 22.332 April 98325 98326 98.320 9837 364065 10 Yr. Del. Int. Rate Swaps (CBT) $100,000 pts 32nds of 100% June 93.96994781 93.969416385 563 27,183 1 Month Libor (OME $3.000.000 pts of 100% May 98.1000 98.1000 98.1000 98.10250175 1,411 June 97.9550 97.9600 97.9550 97.275 0175 694 Eurodollar (CME-S1000,000 pts of 100% April 97.7200 97.7450 97.7200 97.74000200 303,879 June 97.6800 97.7400 97.6800 97.7300 0500 171.799 Dec 97.4750 975500 97.4700 97.54000600 2,045,185 Dec 19 97.1350 97.2350 97.1300 97.2200 0800 2167.522 Currency Futures Japanese Yen (OME)-112.500.000, Sper 100W April .9489 .9500 9460 .4489 -0030 51 95279546 9494 552 -0030 168,978 Canadian Dollar (OME) CAD 100,000 $per CAD April 779278027760 77 249 une 7795 7815 7761773 -2006 121,883 British Pound (CME) E62,500 per 1424 14248 1.4083 04167 1,125 June 14285 14293 1.403 1.4201 -0075 190,805 Swiss Franc (OME) CHF 125,000.Sper CHF June 10656 10674 10589 10632-0028 44.398 Australian Dollar (OME) AUD 100,000 Sper AUD April 77497754 .7680 7688 -0047 1,390 May 7735 7750 7688 -0047 492 June 7757 7760 7677 7689 0048 98,419 Sept 7756 7763 .7688 7695 -.0048 Dec 7740 7740 .7683 7701 -0049 34 Mexican Peso (CME)- MXN500,000. Spor MXN Aine 05382 05396 05361 05381-00016 197,395 Euro (CME-E125000 Spare April 12477 1.2495 1.2395 12021 -0056 1,781 Ane 12525 1.2854 1248 12473 -0057 508,863 2691 2822 72-300 55,499 April 4472 1137 -6.00 352,099 -6.25 244,829 -2.60 190,304 -2.70 123,062 12 13 237.560 123,056 1,348 223,995 -5.00 128,565 Agriculture Futures Com(CBT) 5,000 bucents perbu May 374.00 376.00 372.25 374.00 July 382.50 304.50 380.75 382.50 Oats (CBT)-5.000 bu.cents per bu May 227.75 228.75 225.50 226.00 July 23650 236.50 233.00 233.50 Soybeans (CBT) 5000 bu.cents per bu May 1027.00 1031.25 10173 101950 July 1037 75 1042.00 1028.00 1030.25 Soybean Meal (CBT)-100 tons Sperton May 376.70 378.50 371.50 372.40 July 379.40 331.00 374.20 375.10 Soybean Oil (CBT) 60,000 lbs.cents perb May 31.46 31.54 31.35 31.58 July 31.72 31.99 31.61 3135 Rough Rice (CBT) 2000 ont Spercut May 1222.00 1250.00 1239.50 124450 July 1261.50 1262.50 1255.00 1262.00 Wheat (CBT) 5,000 bucents perbu May 454.25457.50 499.00 July 471.50 474.00 466.00 466.50 Wheat (KC)5.000bucents per bu May 469.50 473.00 164.00 July 488.50 492.00 183.00 8350 Wheat (MPLS) 5,000 bu.cents perbu May 597.75 604.00 591.35 593.35 July 60535 61125 599.75 60175 Cattle Feeder (CME) 50,000 lbs.cents perib March 135.000 135.800 135.000 135.05 May 135.550 137.875 135.475 136.350 Cattle-Live (OME) 40,000 lbs.certsport April 115.400 116.575 115.000 115.05 June 105.325 106.675 104.900 105.250 Hogs-Lean(CME) 40,000 lbs.cents per April 58.000 58.225 5 75% 2.50 June 74150 74.750 73.735 74.025 Lumber (CME 110,000 bd. it. Sper 1.000 bd. It May 499.40 507.10 498 00 507.00 July 485.00 494.90 482.00 494. Milk (OME) 200,000 lbs.cents perb March 1422 14.23 1422 1422 May 1439 14.40 1431 Cocoa (CE-US)-10 metric tons Sperton May 2,623 2,623 2,534 2.554 July 2,050 2,650 2,564 2.583 Coffee CE-US)-37500 ts.cents part May 118.40 119.75 17.70 118.95 July 120.45 121.70 119.8 121.00 4.25 108,637 43580634 32,649 -3.75 2012 3284 19.258 Ane 050 -275 45226 160.211 .619 97,970 Index Futures Mini DJ Industrial Average (CBT)-55xindex Aune 24201 24435 2369123859 -332 102,906 Sept 24231 24454 23736 23890 -337 490 S&P 500 Index (CME)-S250xndex June 2661.20 267920 2 99800 2615.70 43.80 50,596 Mini S&P 500 (OME) 550x Index 265950 2679.75 2596.00 2615.75 43,75 2,889,651 Sept 2665.00 260426 2000.75 2620.25 44.25 56,806 Mini S&P Midcap 400(OME)-$100x Index June 1801.201892.40 1843.90 1851.90 -28.70 79,747 Mini Nasdaq 100(OME)-520x Index June 67758 6849.3 490.0 65613-2123 229,719 Sept 68145 6879.0 65225 6592.3 -213.0 4632 Mini Russell 2000 (CE-US)-S100x Index June 1548.00 1557,00 1509.30 1518.80 -26,309,254 Mini Russell 1000 ICE-US)-S100 x Index June 1473.20 1478.20 144L10 145.7 14.20 1 2 U.S. Dollar Index (ICE-US) $1000 x Index Jung 23.63 89.25 8.53 2.98 -05 35,464 Sept 3.29 8.74 819 82.58 38 949 -025 9.90 10.00 5,421 813 4245 3379 -61 110,387 -5976,393 80 140,765 60 59291 Source Sex Pinancial Information
