Micro Wheat
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CBOT Micro Wheat
Trading Screen Product Name
CBOT Chicago SRW Wheat
Commodity Code
MZW
Contract Size
500 bushels/lot
Price Quotation
cent / bushel
Trading Hours
Monday - Friday
Session 1: 07:00 A.M - 07:45 P.M
Session 2: 08:30 P.M - 01:20 A.M
(the next day)Minimum Price Fluctuation
0.5 cent / bushel
Contract Series
March, May, July, September, and December
Delivery Registration Day
As MXV required First Notice Day
As MXV required Last Trading Day
Friday which precedes, by at least 2 business days, the last business day of the month prior to the contract month. If such Friday is not a business day, then the last day of trading in such option shall be the business day prior to such Friday. Margin
As MXV required
Position Limit
As MXV required
Price Limit
Daily Price Limit
Expanded Price Limit
$0.50/bushel
$0.75/bushel
Settlement Method
Financially Settled Quality Standards
No. 1, No. 2 Wheat