| CME Group, the world's largest and most diverse derivatives exchange, announced today the launch of deliverable nonfat dry milk futures and options on futures scheduled to begin April 20. The contracts will be listed with and subject to the rules and regulations of the Chicago Mercantile Exchange Inc.
The new nonfat dry milk listing differs from the existing cash-settled futures because at contract expiration settlement is made by the physical delivery of 44,000 pounds of Grade A or Extra Grade nonfat dry milk per contract.....Full Press Release: Source
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