Hedge your spring wheat risk with HRS Wheat futures and options
Manage your spring wheat risk and capitalize on trading opportunities with physically delivered HRS Wheat futures and options contracts. These contracts offer a cost-effective way to hedge or get exposure to the major North American wheat markets on one exchange and through one clearing house.
Resources
Features and benefits
Capital and clearing efficiencies
Clear HRS Wheat futures and options via the same clearing house as Chicago Wheat and KC Wheat futures and options.
Enhanced delivery
Maximize flexibility with delivery via shipping certificates and improved delivery specifications.
Convenient trading access
Trade HRS Wheat options and futures on Globex for simplified market access and advanced option functionality.
Inter-commodity spread opportunities
Explore Chicago Wheat and KC HRW Wheat futures for inter-commodity spreads with ease of arbitrage.
Inter-commodity spreads
Inter-commodity spreads are now available for HRS Wheat futures versus Chicago Wheat futures and HRS Wheat futures versus KC HRW Wheat futures. HRS Wheat futures (Globex code: HRS) will be the lead month. Example of inter-commodity spread codes for September 2026: HRSU6-ZWU6 and HRSU6- KEK6.
Vendor codes
| CME Group Name/Venues/Symbols | CME Group Codes | Bloomberg | CQG | DTN, Inc | Fidessa (ION) | FIS Global | ION Group | Itiviti | Refinitiv | Trading Technologies | Vela Trading Systems | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CME Group Product Name | Futures/Options | Globex | Clearport | All Venues | All Venues | All Venues | All Venues | All Venues | All Venues | All Venues | Composite | All Venues | All Venues |
| Hard Red Spring Wheat Futures | Futures | HRS | HRS | KFP Comdty | HRS | @HRS | HRS | HRS | HRS | HRS | HRS | HRS | HRS |
| Options on Hard Red Spring Wheat Futures | Options | HSO | HSO | KFPA Comdty OMON | HSO | @HRS | HSO | HSO | HSO | HSO | HRS | HSO | HSO |
Explore this product in depth
Courses
Take self-guided courses on Wheat futures and options products.
If you're new to futures, the courses below can help you quickly understand the Wheat market and start trading.
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