Contract Unit 2,000 hundredweights (cwt) (~ 91 Metric Tons)
Price Quotation Cents per hundredweight
Trading Hours CME Globex: Monday - Friday:  8:30 a.m. - 1:20 p.m. CT
Pre-Open: Monday - Friday:  8:00 a.m. - 8:30 a.m. CT
CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
Minimum Price Fluctuation 1/2 cent per hundredweight (0.005) = $10.00
Product Code CME Globex: ZR
CME ClearPort: 14
Clearing: 14
Listed Contracts 7 monthly contracts of Jan, Mar, May, Jul, Sep and Nov
Settlement Method Deliverable
Termination Of Trading Trading terminates on the business day prior to the 15th calendar day of the contract month.
Settlement Procedures Rough Rice Settlement Procedures
Position Limits CBOT Position Limits
Exchange Rulebook CBOT 17
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Last Delivery Date Seventh business day following the last trading day of the month.
Grade And Quality U.S. No. 2 or better long grain rough rice with a total milling yield of not less than 65% including head rice of not less than 48%. Premiums and discounts are provided for each percent of head rice over or below 55%, and for each percent of broken rice over or below 15%. No heat-damaged kernels are permitted in a 500-gram sample and no stained kernels are permitted in a 500-gram sample.  A maximum of 75 lightly discolored kernels are permitted in a 500-gram sample.