Trading Hours: 9:30 a.m. - 1:15 p.m. (Central Time)

Contract Unit: 5,000 bushels

Ticker Symbol: NW

Delivery Months: March, May, July, September and December

Min Price Fluct.: 1/4 cent per bushel or $12.50 per contract.

Daily Price Limit: $ .20 per bushel or $1,000 per contract. Subject to variable price limits.

Position Limits: Position limits shall be those limits currently in effect pursuant to Part 150 of the Regulations of the Commodity Futures Trading Commission.

Deliverable Grades: No. 1 soft white wheat at contract price, No. 2 soft white wheat at 2 cents per bushel discount to contract price.

Delivery Points: Delivered Columbia River District.

Last Trading Day: No trading may take place during the last seven business days of the month in which the contract matures.

First Notice Day: The last business day of the month preceding the delivery month.

First Delivery Day: The first business day of the delivery month.

Last Notice Day: The second to the last business day of the delivery month.

Last Delivery Day: The last business day of the delivery month.