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

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