CBOT: BCF Black Sea Corn Financially Settled (Platts) Futures prices chart
Black Sea Corn Financially Settled (Platts) Futures (CBOT: BCF)
Product Code: CME Globex: BCF, CME ClearPort: BCF, Clearing: BCF
Contract Unit: 50 metric tons
Price Quotation : U.S. dollars and cents per metric ton
Minimum Price Fluctuation: 0.25 per metric ton = $12.50
Settlement Method: Financially Settled
Listed Contracts: Monthly contracts listed for 15 consecutive months.
Floating Price: The Floating Price for each contract month shall be equal to the arithmetic average of the “FOB Black Sea corn (Ukraine)” price assessment published by Platts for each day that it is determined during the contract month. The Floating Price shall be rounded to the nearest $0.01.
Termination of Trading: Trading terminates on the last business day of the contract month which is also a Platts publication date for the FOB Black Sea Corn price assessment.
Trading Hours: Sunday - Friday 7:00 p.m. – 1:20 p.m. (8:00 p.m. - 2:20 p.m. ET)