Sign in Recent Site Activity Report Abuse Print Page Powered By Google Sites. Kansas City Board of Trade KCBT. Hard Red Winter Wheat futures are the mainstay of the Kansas City Board of Trade. Hard Red Winter Wheat represents the bulk of U. Market users from around the globe look to this contract as the international benchmark for bread wheat prices.

Maximum Daily Price Fluctuation: Price limits can expand two consecutive times: Daily price limits will step back to their prior levels when no futures contract month closes at limit bid or limit offer that day.

If price limits are 90 cents per bushel and no wheat futures contract month closes limit bid or limit offer, daily price limits for all contract months revert back to 60 cents per bushel the next business day. There shall be no price limits on the current month contract on or after the second business day preceding the first day of the delivery month. Combined with wheat options for a net long or net short futures - equivalent maximum of:. A determination of the level of vomitoxin shall be made at the point of origin by the Federal Grain Inspection Service or such other third party inspection service mutually agreeable to the maker and taker of delivery.

A determination of the level of vomitoxin shall be based on the average test results of the wheat loaded in a single day from a single warehouse for each taker of delivery. The maximum load-out fee for regular elevators on grain delivered on futures contracts is established at 8 cents per bushel. Must be issued and delivered to the KCBT Clearing Corp. There is no trading after the business day preceeding the fifteenth 15th calendar day of the liquidating month.

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Combined with wheat futures for a net long or net short futures- equivalent maximum of:. The Friday at least two 2 business days before first notice day for wheat futures.

Any time prior to expiration by giving notice to the KCBT Clearing Corp. Market Overview US Wheat Market PNW Export Market PNW Exporters Functionality Quality Factors US Grade Non-Grade Factors Class Content Limit Dockage Falling Number Moisture Protein Wheat Classes Durum HRS HRW HW SRW SW Cash Markets Futures CBOT KCBT MGE Contracts Glossary Sitemap.

Beginners Guide to Futures Trading in India

Hard Red Winter Wheat Futures Trade commenced The Market: Kansas City Board of Trade. July, September, December, March, May.

Combined with wheat options for a net long or net short futures - equivalent maximum of: Physical; registered warehouse receipt issued by regular elevators. The business day preceding the first business day of the liquidating month. The first business day of the liquidating month.

The business day preceding the last business day of the liquidating month.

Combined with wheat futures for a net long or net short futures- equivalent maximum of: