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Butter Spot Call Futures
Quotes | Contract Specifications | Performance Bonds / Margins | Product Calendar | Learn More
 
Butter Spot Call
Contract Size 40,000 - 43,000 lbs. of Butter ( ˜18 - 19.5 metric tons)
Product Description Grade AA Butter
Pricing Unit Cents per pound
Tick Size (minimum fluctuation) $0.0025 per pound (= $100.00 - $107.50 per contract)
Daily Price Limits None. See CME Rule 51S02.B
Trading Hours
Open Outcry (Trading Floor)
MON-FRI: 11:05 a.m. - 11:15 a.m. Central Time
Settlement Procedure Physical Delivery
Product Ticker Symbols Open Outcry = AA
Clearing = AA
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Rulebook Chapter 51S
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.