Spot Cheese Barrels Contract Specs

Contract Size	40,000 - 44,000 lbs. of Cheese ( ˜18 - 20 metric tons)
Product Description	Cheddar Cheese in Barrels
Pricing Unit	Cents per pound
Tick Size (minimum fluctuation)	$0.0025 per pound (= $100.00 - $110.00 per contract)
Trading Hours (All times listed are Central Time)	CME Direct Auction Platform	MON–FRI: 11:00 a.m. – 11:10 a.m.
Last Trade Date / Time View calendar	None
Contract Months View listings	None
Settlement Procedure	Dairy Spot Call Settlement Procedure
Ticker Symbols	View Product Codes View Vendor Codes
Rulebook Chapter	12
Exchange Rule	These contracts are listed with, and subject to, the rules and regulations of CME.

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