Butter (for delivery) Futures Contract
- Contract Size: 40,000 pounds
- Product Code: DB
- Delivery Months: 6 calendar month for 1 year: March, May, July, September, October and December
- Last Trading Day:
- Minimum Fluctuations: $0.00025/lb ($10/contract)
- Daily Price Limits: Maximum movement from previous day's settlement price is $0.05/lb ($2000/contract)
- Settlement: Physical delivery required
- Options Contract?: Yes