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> CME
|
Rough Rice
| Contract Size |
| 2,000 cwt. |
| Deliverable Grades |
| 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. |
| Tick Size |
1/2 cent/cwt ($10/contract). |
| Price Quote |
Cents/cwt. |
| Contract Months |
| Sep, Nov, Jan, Mar, May, Jul. |
| Last Trading Day |
| Seventh business day preceding the last business day of the delivery month. |
| Settlement |
Last business day of the delivery month. |
| Trading Hours |
Electronic: 6:00 p.m. - 6:00 a.m. and 9:30 a.m. - 1:15 p.m.Central Time, Sun.-Fri. |
| Ticker Symbols |
Open Auction: RR; Electronic: ZR. |
| Daily Price Limit |
| 50 cents/cwt ($1,000/contract) above or below the previous day's settlement price. No limit in the spot month (limits are lifted two business days before the spot month begins). |
| Ticker Symbols Exchange |
| CBOT |