2,000 hundredweight (cwt.)
U.S. No. 2 or better long grain rough rice with a total milling yield of not less than 65% including head
rice of not less than 48%. Premiums and discounts are provided for each percent of head rice over or below 55%, and for each
percent of broken rice over or below 15%. No heat-damaged kernels are permitted in a 500-gram sample and no stained kernels
are permitted in a 500-gram sample. A maximum of 75 lightly discolored kernels are permitted in a 500-gram sample.
1/2 cent/hundredweight ($10/contract)
Sep, Nov, Jan, Mar, May, Jul
Last Trading Day
day prior to the 15th calendar day of the delivery month .
Seventh business day
following the last trading day of the month.
Electronic: 6:00 p.m. - 6:00
a.m. and 9:30 a.m. - 1:15 p.m. Central Time, Sun.-Fri.
Auction: 9:30 a.m. - 1:15 p.m. Central Time, Mon-Fri.
in expiring contracts closes at noon on the last trading day.
Open Auction: RR
Fifty cents ($0.50)
per hundredweight ($1,000/contract) above or below the previous day's settlement price. No limit in the spot month (limits
are lifted beginning on First Position Day).
on margins requirements for the Rough Rice Futures.