Does CME Group deliver lumber to Chicago?

CME Group’s contract prices lumber delivered to Chicago. Lumber already stored within the Chicago Switching District can be delivered in satisfaction of the lumber futures contract. Deliveries must take place in increments of four contracts to make a railcar.

When is CME launching lumber futures & options on the DCM?

CME Group is launching Lumber futures and options on futures on the CME Designated Contract Market (DCM). The Lumber futures contract is 27,500 board feet and physically deliverable to the Chicago Switching District. The first trade date is August 8, 2022. September 2022 will be the first listed month available for trading and clearing. 2.

What is CME ® random length lumber futures?

Trading CME® Random Length Lumber futures gives mills, wholesalers, homebuilders and retail dealers a way to manage price risk and to take advantage of price opportunities. The contract specifies softwood 2 x 4s, the type used for rehabbing and construction.

Are lumber futures & options available on CME ClearPort & CME Globex?

Lumber futures and options will be available to trade on CME ClearPort and CME Globex. Neither futures trading nor swaps trading are suitable for all investors, and each involves the risk of loss.