What happens on first notice day?
A First Notice Day (FND) is the day after which an investor who has purchased a futures contract may be required to take physical delivery of the contract’s underlying commodity. The first notice day can vary by contract and will also depends on exchange rules.
How much does a corn contract cost?
The CME corn contract is for 5,000 bushels. For example, when corn is trading at $2.50 a bushel, the contract has a value of $12,500 (5,000 bushels x $2.50 = $12,500). A trader that is long $2.50 and sells at $2.60 will make a profit of $500 ($2.60 – $2.50 = 10 cents, 10 cents x 5,000 = $500).
What is first holding date?
First Holding Date: The date when CME Clearing will begin accepting position dates, where applicable, for deliverable contracts. Last Holding Date: The date when CME Clearing will no longer require position dates, where applicable, for deliverable contracts.
How long does it take for futures to settle?
The settlement date is the date when a trade is final, and the buyer must make payment to the seller while the seller delivers the assets to the buyer. The settlement date for stocks and bonds is usually two business days after the execution date (T+2).
How many pounds is a coffee contract?
Coffee Futures
| Coffee Futures Contract Specifications | |
|---|---|
| Product Symbol | KC |
| Contract Size | 37,500 pounds |
| Price Quotation | Cents and hundredths of a cent up to two decimal places |
| Contract Months | March, May, July, September, December |
What is the coffee price today?
Coffee Market Prices
| Date | Market Centre | Average Price (Rs./50 Kg) |
|---|---|---|
| 2022-04-03 | Malnad Coffee And Spices Mudigere-9663599659 | 8800.00 20 hrs ago |
| 2022-04-03 | Malnad Coffee And Spices Mudigere-9663599659 | 8100.00 20 hrs ago |
| 2022-04-03 | Malnad Coffee And Spices Mudigere-9663599659 | 15650.00 20 hrs ago |
| 2022-04-03 | Sargod Coffee | 3950.00 20 hrs ago |
What months does corn trade in?
Principal trading months for corn futures include March, May, July, September, and December.
What is the daily limit for corn?
Current Daily Price Limit
| Commodity | Outrights | Calendar Spreads |
|---|---|---|
| Corn & mini-sized Corn | $0.35 | $0.70 |
| Dry Whey | $0.08 | $0.16 |
| Ethanol | $0.30 | $0.60 |
| Feeder Cattle | $0.0625 | $0.125 |
What is first delivery date?
First Delivery Date: The first date that users will complete delivery. Last Delivery Date: The last date that users will complete delivery.