[13M] CME CBOT: ZW Chicago SRW Wheat Futures CFD

Bottom small charts : Year, Week and Day.



Chicago SRW Wheat Futures (CME CBOT: ZW) :

CBOT = Chicago Board of Trade
Product Code: CME Globex: ZW

Contract Unit: 5,000 bushels (~ 136 metric tons)
Price Quotation: U.S. cents per bushel
Minimum Price Fluctuation: 1/4 of one cent (0.0025) per bushel = $12.50
Settlement Method: Deliverable

Listed Contracts: 15 monthly contracts of Mar, May, Jul, Sep, Dec listed annually following the termination of trading in the July contract of the current year.

Termination Of Trading: Trading terminates on the business day prior to the 15th day of the contract month.

Trading Hours :
Chicago
(1) 19:00 ~ 07:45 (Sunday – Friday, 7:00 p.m. – 7:45 a.m. CT)
(2) 08:30 ~ 13:20 (Monday – Friday, 8:30 a.m. – 1:20 p.m. CT)
Singapore
(1) 09:00 ~ 21:45
(2) 22:30 ~ 03:20



Wheat prices seasonal pattern
Post-Harvest Rise (Fall/Winter): As the harvest concludes, prices often recover due to storage costs, financing, and tighter supply.
Harvest Lows (Summer May–August): As wheat is harvested, the influx of supply tends to push prices down.

Corn prices seasonal pattern
Planting/Spring Rally (April - June): Uncertainty about acres planted and spring weather often creates a "weather market" that lifts prices.
Harvest Lows (August - October): As supply becomes abundant, prices typically hit their lowest points of the year.

Soybean prices seasonal pattern
Peak Period: Highs are most common in May, June, and July, when weather risks are highest for the US crop.
Harvest Pressure: Prices frequently bottom out in October, November, or early winter as the largest supply enters the market. Prices can sometimes strengthen after harvest, particularly if South American weather causes supply concerns. South American harvest (roughly March-May, South American Impact)

Soybean Oil prices seasonal pattern
Winter/Spring Rally (Dec–May): Prices often increase through winter into May as storage costs are needed to encourage supply and as marketing years progress.
Harvest Low (Oct/Nov): Soybean prices tend to be lowest in October, when new-crop soybeans become available, bringing down soybean oil prices as supply increases.