Mini-sized Chicago SRW Wheat Futures Contract Specs

Futures

Contract Unit	1,000 bushels
Price Quotation	U.S. cents per bushel
Trading Hours	CME Globex:	Sunday - Friday, 7:00 p.m. - 7:45 a.m. CT and Monday - Friday, 8:30 a.m. - 1:45 p.m. CT
	CME ClearPort:	Sunday - Friday 7:00 p.m. - 6:45 p.m. (6:00 p.m. - 5:45 p.m. CT) with a 15-minute break each day beginning at 6:45 p.m. (5:45 p.m. CT)
Minimum Price Fluctuation	1/8 cent per bushel = $1.25
Product Code	CME Globex: XW CME ClearPort: YW Clearing: YW
Listed Contracts	Monthly cotracts (Mar, May, Jul, Sep, Dec) listed for 15 months. Add new contract months (Mar, May, Jul, Sep, Dec) after termination of trading in the July contract of the current year.
Settlement Method	Deliverable
Termination Of Trading	Trading terminates on the business day prior to the 15th calendar day of the contract month.
Settlement Procedures	Mini Wheat Settlement Procedures
Position Limits	CBOT Position Limits
Exchange Rulebook	CBOT 14B
Block Minimum	Block Minimum Thresholds
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing
Last Delivery Date	Second business day following the last trading day of the delivery month.
Grade And Quality	#2 Soft Red Winter at contract price, #1 Soft Red Winter at a 3 cent premium, other deliverable grades listed in Rule 14104.

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