ZR Futures (Rough Rice): Tick Value, Expiries, Order Flow

ZR contract specifications

The contract unit is 2,000 hundredweight (200,000 pounds), quoted in dollars per hundredweight. The minimum fluctuation is 1/2 cent ($0.005) per hundredweight, worth $10 per contract, and one dollar per hundredweight is worth $2,000 per contract. Open contracts are settled by delivery no later than the second business day after the last trading day. Senzoukria's contract table holds the tick as 0.005 with a multiplier of 2,000 on the CBOT venue code.

ZR last trading day and next contracts

No trades are made after the business day preceding the 15th calendar day of the contract month.

Senzoukria's expiry engine keys on the last trading day, not on first notice day, so its default switch comes after first notice. For ZRX6, the default moves to the next listed month on November 9, 2026 (4 calendar days before November 13, 2026), and ZRX6 stays selectable with its badge until that date.

ZR tick value and P&L arithmetic

• One tick = 0.005 × $2,000 = $10 per contract.
• One dollar per hundredweight = 200 ticks = $2,000 per contract.
• 20 ticks (0.1 dollars) = $200 per contract, $600 on 3 contracts.
• One tick of slippage in the automatic backtest costs $10 per contract on each entry.

Reading ZR order flow

With row resolution off, a ZR footprint has one row per tick of 0.005 dollars. The fixed steps give 2 ticks = 0.01, 4 ticks = 0.02, 8 ticks = 0.04, 16 ticks = 0.08, 32 ticks = 0.16 dollars per row.

Rough rice is priced in dollars per hundredweight on 2,000 hundredweight, with a half-cent tick worth $10. A one-dollar move is 200 ticks and $2,000, and the fixed row steps give 1 to 16 cents per row. The six-month calendar (F, H, K, N, U, X) differs from both corn and soybeans.

Using ZR in Senzoukria

• Symbol picker on a Rithmic or Databento CME source: type ZR; on September 25, 2026 the listed contract is ZRX6 (November 2026), in the Grains family.
• Heatmap and DOM show that contract's book with CBOT as the venue in the ladder header.
• Replay lists ZR in the Grains group. In the automatic backtest, set Point value ($) to 2,000; the field defaults to 2, the MNQ value.