Dry Whey futures are traded on the Chicago Mercantile Exchange under ticker symbol DY in cents per pound.[1]
The chart at left shows front-month Dry Whey Futures prices on the Chicago Mercantile Exchange in dollars per gallon.
Delivery Dates
Dry Whey futures are delivered every year in January, February, March, April, May, June, July, August, September, October, November, & December.[1]
The following is a table with Dry Whey futures delivery dates and resultant tickers for 2009. For an explanation on commodity tickers see commodity ticker construction. Please note, the below lists the proper symbols as given by the exchange, for Wikinvest charting purposes, the symbol DYY should be used in place of DY for Dry Whey Futures on the CME.
| Delivery Month
| Full Ticker Symbol
| Thomson-Reuters Symbol
|
| January, 2009 | DYF9 | DY/F9-CM
|
| February, 2009 | DYG9 | DY/G9-CM
|
| March, 2009 | DYH9 | DY/H9-CM
|
| April, 2009 | DYJ9 | DY/J9-CM
|
| May, 2009 | DYK9 | DY/K9-CM
|
| June, 2009 | DYM9 | DY/M9-CM
|
| July, 2009 | DYN9 | DY/N9-CM
|
| September, 2009 | DYU9 | DY/U9-CM
|
| October, 2009 | DYV9 | DY/V9-CM
|
| November, 2009 | DYX9 | DY/X9-CM
|
| December, 2009 | DYZ9 | DY/Z9-CM
|
Contract Specifications
Contract Size
One Dry Whey futures contract on the Chicago Mercantile Exchange is 44,000 pounds.[1]
Daily Price Limit
$0.04 per pound above or below the previous day's settlement price, expandable to $0.06. No limits in the last 5 days of trading.[1]
Trading Hours
Drey Whey futures are traded on the CME Globex from Monday at 9:05 AM through Friday at 1:55 PM with a halt from 4:00 PM to 5:00 PM, US Central time.[1]
Last Trading Day
Trading of Dry Whey futures contracts on the Chicago Mercantile Exchange ends on the business day immediately preceding the day on which the USDA announces the Dry Whey price for that contract month. (LTD 12:10 p.m.).[1]
Deliverable Grades
Deliverable Dry Whey grades for futures contracts on the Chicago Mercantile Exchange are: Dry Whey.[1]
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 The Chicago Mercantile Exchange's contract specification for Dry Whey futures