CME:GNF Nonfat Dry Milk Futures prices chart
Nonfat Dry Milk Futures (CME:GNF) :
Product Code: CME Globex: GNF, CME ClearPort: NF, Clearing: NF
Contract Unit: 44,000 pounds (˜20 metric tons)
Price Quotation: U.S. cents per pound
Minimum Price Fluctuation: 0.00025 per pound = $11.00
Settlement Method: Financially Settled
Listed Contracts: Monthly contracts listed for 24 consecutive months
Termination Of Trading: Trading terminates at 12:10 p.m. CT on the business day prior to the USDA announcement of the weighted average price for nonfat Dry Milk.
(1) CME Globex: Sundays at 5:00 p.m. through Friday at 1:55 p.m. with daily trading halts from 4:00 p.m. to 5:00 p.m.
(2) CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT