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| CME Nonfat Dry Milk Futures |
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On September 17, 2007, CME Group will launch Nonfat Dry Milk futures and options on the CME Globex electronic trading platform. Electronic trading hours for these contracts will be the same as for other commodity products: trading begins Monday at 9:05 a.m. Chicago time and remains open through Friday 1:30 p.m. with daily hour-long trading halts at 4:00 p.m. In addition, Nonfat Dry Milk futures and options will continue to be offered for trading in open outcry during regularly scheduled market hours.
Nonfat Dry Milk is a product of the manufacturing of butter; it can be stored, used in various feed and food sources and/or reconstituted into milk. CME Nonfat Dry Milk futures contracts broaden the scope for dairy industry trading as the product readily trades worldwide.
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- New Electronic Trading Hours for Legacy-CBOT Agricultural Products
Effective January 13, 2008, legacy-CBOT agricultural products will transition from e-cbot to the CME Globex
electronic trading platform. With this transition, electronic trading of these futures and options contracts will open
30 minutes earlier at 6:00 p.m. and will open on a simultaneous, rather than staggered, basis.
Learn more
- Understanding Dairy Price Volatility Seminar
View this informative and popular seminar by Dr. Mark Stephenson of Cornell University in which he
discusses recent dairy price volatility including contributing factors, potential impacts of congressional decisions
and variables that you should be watching to gauge the impact of these changes. View at
www.cme.com/dairyseminar.
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