Durum wheat futures
Characteristic |
Description |
Underlying |
Sound, fair and marketable durum wheat of any origin. In compliance with EU sanitary requirements for grain for human consumption |
Trading hours |
2.30pm - 5.30pm CET |
Settlement |
Physically settled |
Quotations |
€/metric ton |
Tick size (in €/t) |
On-book trading: 0.25 |
Contract size |
Future price x 50 metric tons |
Tradable expiries |
Five expiries (4+1) |
Delivery months |
March, May, September, December |
Deliverable specifications |
Specific weight: 76.00 kg/hl min, Protein content: 11.5% min, Moisture content: 13.5% max; Impurities: 2% max, Vitreous grains: 62% min, Sprouted grains: 2% max, Mottled grains: 12% max, Broken grains: 6% max, Other cereals: 3% max, Grains affected with fusariosis: 0.5% max |
Delivery points |
Authorized silos: Silos di Foggia S.r.l. |
Last trading day |
Tenth calendar day of the delivery month. If the Exchange is closed that day, the contract expires on the following trading day |
First delivery date |
Fourth trading day after expiry day (T+4) |
Last delivery date |
Tenth trading day after expiry day (T+4) |
Laboratory for analysis |
A.G.E.R. Bologna |
Strategies |
Not available |