CBOT: BWF Black Sea Wheat Financially Settled (Platts) Futures prices chart

Black Sea Wheat Financially Settled (Platts) Futures (CBOT: BWF)
Product Code: CME Globex: BWF, CME ClearPort: BWF, Clearing: BWF

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 wheat (Russia, 12.5%)” 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 that is also a Platts publication date for the price assessment.

Trading Hours: Sunday - Friday 7:00 p.m. – 1:20 p.m. (8:00 p.m. - 2:20 p.m. ET)