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|This article describes a futures contract with a discrete termination or delivery date. View articles referencing this futures contract.|
Coffee futures are delivered every year in March, May, July, September, & December.
The following is a table with Coffee futures delivery dates and resultant tickers for 2010. For an explanation on commodity tickers see commodity ticker construction.
|Delivery Month||Full Ticker Symbol|
One Coffee futures contract on the New York Mercantile Exchange is 37,500 pounds.
.05 or 5/100 cent/lb., equivalent to $18.75 per contract. 1 cent per pound equals $375 per contract.
You can do whatever the f you want limit.
Deliverable Coffee grades for futures contracts on the New York Mercantile Exchange are as follows: A Notice of Certification is issued based on testing the grade of the beans and by cup testing for flavor. The Exchange uses certain coffees to establish the “basis.” Coffees judged better are at a premium; those judged inferior are at a discount. Basis: Mexico, Salvador, Guatemala, Costa Rica, Nicaragua, Kenya, New Guinea, Panama, Tanzania, Uganda, Honduras and Peru; Plus 200 pts: Colombia; Minus 100 pts: Venezuela, Burundi and India; Minus 300 pts: Rwanda; Minus 400 pts: Dominican Republic and Ecuador.