| Items |
Specifications |
| Exchange |
CME-CBOT |
| Underlying Stock Index |
Wheat |
| Contract Size |
5,000 bushels |
| Minimum Price Fluctuation |
1/4 cent/bushel ($12.50/contract) |
| Contract Month |
Jul, Sep, Dec, Mar, May |
| Daily Price Limits |
Thirty cents ($0.30) per bushel ($1,500/contract) above or below the previous day's settlement price. No limit in the spot month (limits are lifted beginning on First Position Day). |
| Trading Hrs |
Open Auction: 11:30pm - 3:15am
Electronic:
8:00am - 9:15pm
11:30pm - 3:15am |
| Trading Hours on Last Trading Day |
Trading in expiring contracts closes at noon on the last trading day.(Singapore Time: 1am) |
| Last Trading Day |
|
| Final Settlement |
|
| Close |
