Rough Rice futures provide a way to:

• Participate in price discovery for rough rice
• Enable merchandisers, producers, food processors and other commercial users to effectively manage price risk
• Evaluate or reflect on the current and future supply and demand situation for rough rice
• Identify short and long-term cyclical price and volatility patterns for rice
• Trade to hedge or speculate based on expectations of directional price or spread movement in rough rice
• Trade in liquid markets

Things to Know:

• Rough Rice futures contracts are a dollar denominated physical delivery 2,000 hundred weight (approx. 91 metric tons) contract
• Contracts are available for trading over 15 hours per day providing customers access regardless of their time zone
• Rough rice futures are traded electronically on CME Globex during the Asian and European daytime market hours as well as during the primary U.S. grain trading hours side-by-side with the open auction platform
• Rice is the primary food staple for much of the world’s population and an important ingredient in many processed foods and beverages
• By-products of rice are used for a variety of items including fuel, fertilizers, and packing material