Spot Nonfat Dry Milk Contract Specs
| Contract Size | 41,000 - 45,000 lbs. of Nonfat Dry Milk ( ˜˜18 - 20 metric tons) | ||||
| Product Description | Nonfat Dry Milk - Grade A |
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| Pricing Unit | Cents per pound | ||||
| Tick Size (minimum fluctuation) | $0.0025 per pound (= $102.50 - $112.50 per contract) | ||||
| Trading Hours | CME Direct Auction Platform | MON–FRI: 11:30 a.m. – 11:40 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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