CBOT Kansas Wheat

Trading Screen Product Name Kansas HRW Wheat
Commodity Code KWE
Contract Size 5 000 bushels/lot
Price Quotation cent / bushel
Trading Hours Monday – Friday

• Session 1: 07:00 A.M – 07:45 P.M

• Session 2: 08:30 P.M – 01:20 A.M (the next day)

Minimum Price Fluctuation 0.25 cent / bushel
Contract Series March, May, July, September, and December
Delivery Registration Day The fifth business day prior to the First Notice Day
First Notice Day The last business day of the month prior to the contract month.
Last Trading Day The business day prior to the 15th calendar day of the contract month.
Margin As MXV required
Position Limit As MXV required
Price Limit Daily Price Limit Expanded Price Limit
$0.60/bushel $0.90/bushel
Settlement Method Deliverable
Quality Standards No. 1, No. 2 Kansas Wheat

In accordance with the regulations of Kansas HRW Wheat traded on Chicago Board of Trade (CBOT).

Grade Minimum Weight per Bushel (pound) Maximum limits of —
Defects Wheat of Other Classes
Heat Damaged Kernels (%) Damaged Kernels (Total) (%) Foreign Material (%) Shrunken and Broken Kernels (%) Total Defects (%) Contrasting Classes (%) Wheat of Other Classes (Total) (%)
1 60 0.2 2 0.4 3 3 1 3
2 58 0.2 4 0.7 5 5 2 5
CONTRACT CONTRACT FOREIGN EXCHANGE FIRST NOTICE DAY LAST TRADING DAY
Kansas Wheat 12/2022 KWEZ22 CBOT 30/11/2022 14/12/2022
Kansas Wheat 3/2023 KWEH23 CBOT 28/02/2023 14/03/2023
Kansas Wheat 5/2023 KWEK23 CBOT 28/04/2023 12/05/2023
Kansas Wheat 7/2023 KWEN23 CBOT 30/06/2023 14/07/2023
Kansas Wheat 9/2023 KWEU23 CBOT 31/08/2023 14/09/2023

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