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Normal Daily Settlement Procedure

Daily settlements of Black Sea Wheat Financially Settled (Platts) Futures (BWF) and Black Sea Corn Financially Settled (Platts) Futures (BCF) are determined by CME Group staff based on the following approach:


Tier 1:   All relevant market data available at 18:00 UK Time will be used to derive a settlement in each contract month.

Tier 2:   If no relevant information is received by 18:00 UK Time, then the contract month settles to the prior-day settlement price.

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Settlement Disclaimer and Contact
Settlement Disclaimer and Contact