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 |
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| Rulebook Chapter | 12 | ||||
| Exchange Rule | These contracts are listed with, and subject to, the rules and regulations of CME. | ||||
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