Full trading conditions >>
|Product Type: Commodity CFD||Market: CBOT|
|Currency: USD||Measurement Unit: Bushel|
Sold as an over-the-counter exchange-traded contract, wheat (ticker symbol: ZW) has become extremely popular among institutional and individual traders over the past few decades. Chicago Board of Trade (CBOT), the world's oldest and largest futures and options exchange, and the original introducer of wheat contracts, issues wheat prices daily, weekly, monthly and yearly. These are quoted in terms of one bushel of wheat - equivalent to approximately 60 pounds – per one US dollar. A major advantage of trading wheat is that you don't have to hold the contract until it expires. And, you can cancel it anytime you want. Plus, as a staple-commodity and a major constituent of the world’s diet – the cereal grain will generally always have high demand.