Contract Size
5,000 bushels
Deliverable Grades
No. 2 Heavy and No. 1 at par. No. 1 Extra Heavy at 7 cents per bushel over contract price. No. 2
Extra Heavy at 4 cents per bushel over contract price, and No. 1 Heavy at 3 cents per bushel over contract price. No. 2(36
pound total minimum test weight) at 3 cents per bushel under contract price and No. 2 (34 pound total minimum test weight)
at 6 cents per bushel under contract price.
Tick
Size
1/4 cent/bushel ($12.50/contract)
Price Quote
Cents/bushel
Contract
Months
Jul, Sep, Dec, Mar, May
Last Trading Day
The business day prior to the 15th calendar day of the contract month.
Last Delivery Day
Seventh business day following the last trading day of the delivery month.
Trading Hours
Electronic: 6:00 p.m. - 6:00 a.m. and 9:30 a.m. - 1:15 p.m. Central Time, Sun.-Fri.
Open Auction: 9:30 a.m. - 1:15 p.m. Central Time, Mon-Fri.
Trading in expiring contracts closes at noon on the last trading day.
Ticker Symbols
Open Auction: O
Electronic:
ZO
Daily Price Limit
Twenty cents ($0.20) per bushel ($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).
Margin Information
Find information on margins requirements for the Oats Futures.
