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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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Related
CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.
Contact Us
View AllCME Group / Chicago HQ
Phone: +1 312 930 1000
Toll Free (US Only): +1 866 716 7274
