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Cheese Spot Call Futures
Quotes | Contract Specifications | Performance Bonds / Margins | Product Calendar | Learn More
 
Cheese Spot Call
Contract Size 40,000 - 44,000 lbs. of Cheese ( ˜18 - 20 metric tons)
Product Description Cheddar Cheese in 40# Blocks or Barrels
Pricing Unit Cents per pound
Tick Size (minimum fluctuation) $0.0025 per pound (= $100.00 - $110.00 per contract)
Daily Price Limits None See CME Rule 53S02.B
Trading Hours
Open Outcry (Trading Floor)
MON-FRI: 10:45 a.m. - 10:55 a.m. Central Time
Settlement Procedure Physical Delivery
Product Ticker Symbols Open Outcry = KB
Blocks = KB
Barrels = RB
Clearing = KB
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Rulebook Chapter 53S
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.