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|This article describes a futures contract with a discrete termination or delivery date. View articles referencing this futures contract.|
Nonfat Dry Milk futures are delivered every year in January, February, March, April, May, June, July, August, September, October, November, & December.
The following is a table with Nonfat Dry Milk futures delivery dates and resultant tickers for 2009. For an explanation on commodity tickers see commodity ticker construction.
|Delivery Month||Full Ticker Symbol||Thomson-Reuters Symbol|
One Nonfat Dry Milk futures contract on the Chicago Mercantile Exchange is 44,000 pounds.
$0.025 per pound above or below the previous day's settlement price, expandable to $0.05.
Trading of Nonfat Dry Milk futures contracts on the Chicago Mercantile Exchange ends on the business day immediately preceding the day on which the USDA announces the Nonfat Dry Milk price for that contract month. (LTD 12:10 p.m.).
Deliverable Nonfat Dry Milk grades for futures contracts on the Chicago Mercantile Exchange are: Nonfat Dry Milk.