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mini-sized Wheat Futures

 

Contract Size

1,000 bushels.

Deliverable Grades

No. 2 Soft Red Winter, No. 2 Hard Red Winter, No. 2 Dark Northern Spring, and No. 2 Northern Spring at par; No. 1 Soft Red Winter, No. 1 Hard Red Winter, No. 1 Dark Northern Spring, and No. 1 Northern Spring at 3 cents per bushel over contract price. 

Tick Size

1/8 cent/bushel ($1.25 per contract).

Price Quote

Cents/bushel

Contract Months
Jul, Sep, Dec, Mar, May
Last Trading Day
The business day prior to the 15th calendar day of the contract month.
Last Delivery Day
Seventh business day following the last trading day of the delivery month.
Trading Hours

Electronic: 6:00 p.m. - 6:00 a.m. and 9:30 a.m. - 1:45 p.m. Central Time, Sun.-Fri.
Open Auction: 9:30 a.m. to 1:45 p.m. Central Time, Mon-Fri.
Trading in expiring contracts closes at noon on the last trading day.

Ticker Symbols
Open Auction - YW
Electronic - XW
Daily Price Limit
Sixty cents ($0.60) per bushel or ($300 per contract) above or below the previous day's settlement price. No limit in the spot month (limits are lifted beginning on First Position Day).
Margin Information
Find information on margins requirements for the mini-sized Wheat Futures.



 
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