Contract Specifications:C,CBOT | Trading Unit: | 5,000 bushels | | Tick Size: | 1/4 ¢/bushel ($12.50/contract) | | Quoted Units: | US $ per bushel | | Initial Margin: | $1,350 Maint Margin: $1,000 | | Contract Months: | Mar, May, Jul, Sep, Dec | | First Notice Day: | Last business day of month preceding contract month. | | Last Trading Day: | The business day prior to the 15th calendar day of the contract month. | | Trading Hours: | 9:30 a.m. - 1:15 p.m. Chicago time, Mon-Fri.
Trading in expiring contracts closes at noon on the last trading day. | | Daily Limit: | 20 cents/bu ($1,000/contract), none for spot month | |