Rough Rice Futures Contract
Rough Rice futures contracts enable both speculators and hedgers the opporutnity to participate in this widely used commodity. Rough rice is the whole rice grain as it’s harvested — with the protective hull still intact. Rice is consumed by more than half of the people in the world, making it the most-consumed grain on the planet. But, at about 480 million metric tons per annum, rice ranks 3rd in production, after corn and wheat.
2,000 hundredweights (CWT) ~ 91 Metric tons
CME Globex: ZR
CME Globex: Sunday – Friday 7:00 p.m. – 9:00 p.m. and Monday – Friday 8:30 a.m. – 1:20 p.m. Chicago/Central Time (CT).
1/2 cent per hundredweight = $10.00
January, March, May, July, September & November
Price Limit / Circuit
Since 2001, Insignia Futures & Options has been providing commodity futures brokerage services to investors from all over the world.
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