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info@cmegroup.com
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Butter Spot Call contracts provide a way to:
- Engage in daily buy and sell transactions resulting in physical delivery of 40,000-43,000 pounds of butter
- Participate in an open cash market
Things to Know:
- Butter Spot Call is a physically delivered product of 40,000-43,000 pounds of butter delivered to approved facilities in Chicago
- Storable contracts create spreading opportunities between deliverable contract months
- As the supply and demand for the cash product changes, the need arises for the butter industry to store product or take it out of storage.
- This movement creates pricing relationship differences between the nearest contract month and the most distant ones
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View free real-time quotes on a variety of electronically traded CME Group products
Education Series: Using Options to Hedge Commodity Price Risk
Webinars begin Thursday, August 7, 2008. In-person days are August 14 and 15, 2008.
An Introduction to Grain Calendar and Basis Swaps
Learn how cleared OTC agricultural swaps can be of use in today’s volatile commodity markets
Price Limit Update
Get details on price limit increases for CME Group Grain and Oilseed products.
Market Regulation Advisory
- Clearing & Trading Fees
- Performance Bonds/Margins
- Trading Hours
- Product & Vendor Codes
- Future Spreads on CME Globex
- Options Strategies on CME Globex
- Moore Reports
- CME Rulebook
- CBOT Rulebook
- Find-a-Broker
- Glossary
- Knowledge Center Home
- View Intra Day Block Trades
- Wheat Price Rules (PDF)
- BM&F Bovespa Parnership
| Trade Unit | 40,000-43,000 lbs | ||
| Settle Method | Delivery | ||
| Point (Tick) Size | 1 point = .001 = $40.00 | ||
| Strike Price Interval | |||
| Strike | |||
| Limits/Price Banding | N/A | ||
| Minimum Fluctuation |
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| Trading Hours | Mon/Fri - 11:05 a.m. to 11:15 a.m. | ||
| Listed | |||
| Product Codes | Grade AA/AA | ||
| Minimum Block Size | |||
| Product Calendar | Listings Not Applicable ***
Par Delivery Area: Approved facilities in Chicago View current product listings |
Education Series: Using Options to Hedge Commodity Price Risk
Webinars begin Thursday, August 7, 2008. In-person days are August 14 and 15, 2008.
An Introduction to Grain Calendar and Basis Swaps
Learn how cleared OTC agricultural swaps can be of use in today’s volatile commodity markets
Price Limit Update
Get details on price limit increases for CME Group Grain and Oilseed products.
Market Regulation Advisory
- Clearing & Trading Fees
- Performance Bonds/Margins
- Trading Hours
- Product & Vendor Codes
- Future Spreads on CME Globex
- Options Strategies on CME Globex
- Moore Reports
- CME Rulebook
- CBOT Rulebook
- Find-a-Broker
- Glossary
- Knowledge Center Home
- View Intra Day Block Trades
- Wheat Price Rules (PDF)
- BM&F Bovespa Parnership
There is no contract information available. Please go to Resources for more information about this product.
- Clearing & Trading Fees
- Performance Bonds/Margins
- Trading Hours
- Product & Vendor Codes
- Future Spreads on CME Globex
- Options Strategies on CME Globex
- Moore Reports
- CME Rulebook
- CBOT Rulebook
- Find-a-Broker
- Glossary
- Knowledge Center Home
- View Intra Day Block Trades
- Wheat Price Rules (PDF)
- BM&F Bovespa Parnership
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Weekly Cash Butter |
- Clearing & Trading Fees
- Performance Bonds/Margins
- Trading Hours
- Product & Vendor Codes
- Future Spreads on CME Globex
- Options Strategies on CME Globex
- Moore Reports
- CME Rulebook
- CBOT Rulebook
- Find-a-Broker
- Glossary
- Knowledge Center Home
- View Intra Day Block Trades
- Wheat Price Rules (PDF)
- BM&F Bovespa Parnership