Lumber Futures - Contract Specs
| Contract Unit | 27,500 board feet |
|---|---|
| Price Quotation | U.S. dollars and cents per 1,000 board feet (mbf) |
| Trading Hours | CME Globex: Monday - Friday: 9:00 a.m. - 3:05 p.m. CT 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 | 0.50 per mbf = $13.75 |
| Product Code | CME Globex: LBR CME ClearPort: LBR Clearing: LBR |
| Listed Contracts | Monthly contracts (Jan, Mar, May, Jul, Sep, Nov) listed for 7 months |
| Settlement Method | Deliverable |
| Termination of Trading | Trading terminates at 12:05 p.m. CT on the business day prior to the 16th day of the contract month |
| Settlement Procedures | |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Price Limit or Circuit | |
| Vendor Codes |
