Spot Nonfat Dry Milk
SPOT NONFAT DRY MILK - CONTRACT SPECS
| CONTRACT SIZE |
41,000 - 45,000 lbs. of Nonfat Dry Milk ( ˜˜18 - 20 metric tons) |
|---|---|
| PRODUCT DESCRIPTION |
Nonfat Dry Milk - Grade A |
| PRICING UNIT |
Cents per pound |
| TICK SIZE (MINIMUM FLUCTUATION) |
$0.0025 per pound (= $102.50 - $112.50 per contract) |
| TRADING HOURS |
CME Direct Auction Platform MON–FRI: 11:30 a.m. – 11:40 a.m. |
| LAST TRADE DATE / TIME VIEW CALENDAR |
None |
| CONTRACT MONTHS VIEW LISTINGS |
None |
| SETTLEMENT PROCEDURE | |
| TICKER SYMBOLS | |
| RULEBOOK CHAPTER | |
| EXCHANGE RULE |
These contracts are listed with, and subject to, the rules and regulations of CME. |
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Settlement information for Dairy Spot products can be found in the on the page below.
