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Chicago SRW Wheat Calendar Swaps Contract Specs

Available Calendar Swaps Corn, Soybean, Wheat
Contract Size 5,000 Bushels
Price Quotation Cents and quarter cents per bushel
Minimum Price Fluctuation One quarter of one cent ($0.0025) per bushel
Clearing Hours Sunday - Friday 6:00 p.m. - 5:45 p.m. CT with a 15-minute break each day beginning at 5:45 p.m. CT
Contract Months Calendar swaps are listed for all 12 calendar months with the corresponding futures contract being the contract closest to the swap’s expiration date
Termination of Clearing/Expiration Date The last business day of the month preceding the month of the calendar swap. For example, a May Calendar swap will expire on the last business day in April
Settlement Procedure Daily Grain Calendar Swaps Settlement Procedure (PDF)
Final Grain Calendar Swaps Settlement Procedure (PDF)
Clearing Codes Corn Calendar Swap: CCS
Soybean Calendar Swap: SNS
Wheat Calendar Swap: WCS