Canadian Wheat (Platts) Futures - Contract Specs
Contract Unit | 50 metric tons |
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Price Quotation | U.S. dollars and cents per metric ton |
Trading Hours | CME Globex: Sunday - Friday 5:00 p.m. - 1:30 p.m. with a 60-minute break each day beginning at 4:00 p.m. CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. - 6:00 p.m. CT |
Minimum Price Fluctuation | 0.25 per metric ton = $12.50 |
Product Code | CME Globex: CWR CME ClearPort: CWR Clearing: CWR |
Listed Contracts | Monthly contracts listed for 5 months of Sep, Dec, Mar, May, and Jul |
Settlement Method | Financially Settled |
Floating Price | Final settlement shall be the average of all Platts CWRS Wheat 13.5% FOB Vancouver (30-45 Days Forward) (Code: AWHCD00) published assessments from the 1st calendar day in the month prior to the contract month to the 15th calendar day of the month prior to the contract month. The Floating Price shall be rounded to the nearest $0.01. The final settlement day shall be two business days following the last trading day. |
Termination of Trading | Trading terminates on the business day prior to the 16th calendar day of the month prior to the contract month. |
Position Limits | |
Exchange Rulebook | |
Block Minimum | |
Price Limit or Circuit | |
Vendor Codes |