AgriculturalZWCBOT (CME Group)

Wheat

About Wheat

CBOT Wheat futures (ZW) track the price of soft red winter wheat, a major food staple. Wheat prices are sensitive to weather, geopolitical events (Black Sea region supply), and USDA inventory reports. Three types of wheat futures exist: SRW (CBOT), HRW (KC), and spring wheat (MGEX).

Wheat Price Chart

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Contract Specifications

Contract Size: 5,000 bushels of soft red winter wheat
Tick Size / Value: $0.0025/bushel = $12.50 per tick
Exchange: CBOT (CME Group)

Trading Hours

Sun 19:00 – Fri 14:20 CT. Day session 08:30–13:20 CT.

Margin Notes

Day trading margins ~$500–$1,000. Exchange maintenance margin ~$1,500–$2,000.

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