Hard Red Spring Wheat FUTURES

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

Contract Unit: 5,000 bushels; "job lots" of 1,000 bushels allowed.

Ticker Symbol : mw

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. 2 or better Northern Spring Wheat with a protein content of 13.5% or higher, with 13% protein also deliverable at a discount.

Delivery Points: Elevators located in Minneapolis/St. Paul, Red Wing and Duluth/Superior.

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.


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