CME Group Nonfat Dry Milk Spot Call

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On Feb 9th, 2021, the CME designated the Classic Transportation & Warehousing (1175 147th Avenue. Maryland, MI) as an Approved Warehouse for Spot Call Nonfat Dry Milk and Spot Call Dry Whey delivery.

Nonfat Dry Milk Spot Call Futures and Options
Contract Unit 41,000 - 45,000 lbs. of Nonfat Dry Milk ( ˜˜18 - 20 metric tons)
Product Description Nonfat Dry Milk - Grade A
Pricing Unit Cents per pound
Tick Size (Minimum Fluctuation) $0.0025 per pound (= $102.50 - $112.50 per contract)
Trading Hours CME Direct Auction Platform MON–FRI: 11:30 a.m. – 11:40 a.m.
Last Trade Date/Time View Calendar None
Contract Months View Listings None
Settlement Procedure Dairy Spot Call Settlement Procedure
Ticker Symbols View Product Codes

View Vendor Codes

Rulebook Chapter 12
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.

Notes[edit]