Trading Unit: 5,000 bu
Delivery Grades: No. 2 Heavy and No. I at par and substitutions at differentials established by the exchange
Price Quote: Cents and quarter-cents/bu
Tick Size: 1/4, cent/bu ($12.50/contract)
Daily Price Limit: 10 cents/bu ($500/contract) above or below the previous day's settlement price (expandable to 15 cents/bu). No limit in the spot month (limits are lifted two business days before the spot month begins).
Contract Months: Jul, Sep, Dec, Mar, May
Contract Year: Jul to May
Last Trading Day: Seventh business day preceding the last business day of the delivery month
Last Delivery Day: last business day of the delivery month
Trading Hours: 9:30 a.m. - 1: 1 5 p. m Chicago time, Mon- Fri. Trading in expiring contracts closes at noon on the last trading day.
Ticker Symbol: 0