Grains » Rough Rice Futures

Now you can trade Rough Rice futures at optionsXpress! Open an account to trade futures at optionsXpress.

Symbol
RR
Exchange
CBOT
Contract Size
2,000 Hundredweight
Tick Size
0.005 = $10.00

About CBOT Rough Rice Futures

A part of the grass family, rice is the third-largest global crop, behind both maize and wheat. According to the U.S. Department of Agriculture, rice is the primary food source for more than half the world's population.

While often cultivated in underdeveloped countries, rice is able to grow in nearly any climate. However, it is extremely labor-intensive. Since rice crops require a suitable amount rainfall, prices for the grain can fluctuate. The CBOT Rough Rice futures contract allows traders to hedge against price variations.

CBOT Rough Rice Futures Specifications

Rough Rice Futures, Chicago Board of Trade, symbol RR. The contract covers 2,000 hundredweight. The minimum tick is 0.005, worth $10.00 per contract.

Trade electronically on the Globex platform from 7:00 PM US EST to 1:15 PM US EST on the following day. Please note that there is a maintenance period from 8:15 AM US EST until 10:30 AM US EST during which trading is halted.

Principal trading months for rough rice futures are January, March, May, July, September, and November.

Please see the disclosures page for additional information regarding this section.