Contact Specifications | Trade Futures
Trading Unit 5,000 bu
No. 2 Yellow at par and substitutions at differentials established by the exchange
Cents and quarter-cents/bu
1/4 cent/bu ($12.50/contract)
30 cents/bu ($1,500/contract) above or below the previous days settlement price (expandable to 45 cents/bu). No limit in the spot month (limits are lifted two business days before the spot month begins).
Sep, Nov, Jan, Mar, May, Jul, Aug
Seventh business day preceding the last business day of the delivery month
Last business day of the delivery month
9:30 a.m. – 1:15 p.m. Chicago time, Mon-Fri. Trading in expiring contracts closes at noon on the last trading day. Project A overnight session hours are from 10:30 p.m. – 4:30 a.m., Sun-Thu.
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