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Hard Red Spring Wheat
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Hard Red Spring Wheat (MGE)

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Contract Specifications:MW,MGE
Trading Unit: 5,000 bu.
Tick Size: 1/4 cent/bu. = $12.50
Quoted Units: US $ per bushel
Initial Margin: $3,250   Maint Margin: $2,500
Contract Months: Mar, May, Jul, Sep, Dec
First Notice Day: The last business day of the month preceding the delivery month.
Last Trading Day: No trading may take place during the last seven business days of the month in which the contract matures.
Trading Hours: 9:30 a.m - 1:15 p.m. Central Time.
Daily Limit: $.30 per bushel or $1,500 per contract.


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