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Spot Cheese Blocks Contract Specs

Contract Size 40,000 - 44,000 lbs. of Cheese ( ˜18 - 20 metric tons)
Product Description Cheddar Cheese in 40# Blocks
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
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Contract Months
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Settlement Procedure Dairy Spot Call Settlement Procedure
Ticker Symbols View Product Codes
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Rulebook Chapter 12
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.