On this page
Contract specifications
- Contract symbol
- ZRF8
- Product
- Rough Rice (ZR)
- Exchange
- CBOT
- Delivery month
- January 2028 (code F)
- Last trading day
- January 14, 2028
- Default rolls on
- January 10, 2028 (4 days before)
- Tick size
- 0.005
- Tick value
- $10.00
- Point value
- $2,000.00
- Next delivery
- ZRH8 (March 14, 2028)
When ZRF8 stops trading
Trading terminates on the business day preceding the 15th calendar day of the contract month. For ZRF8 that falls on January 14, 2028.
Senzoukria stops offering ZRF8 as the default contract on January 10, 2028, 4 calendar days before that last trading day, and keeps it selectable with a badge. The date is computed from the exchange rule rather than stored. The engine counts Monday to Friday and holds no CME holiday table, so a date that falls next to a public holiday can be one day off the exchange calendar. Check the exchange calendar when the date sits close to a holiday.
When the volume actually leaves
Grain contracts follow the crop calendar rather than the quarter, so the listed months are uneven and the roll dates do not fall at regular intervals. The active month is the one carrying the volume, not the nearest by date.
For ZRF8 the next listed delivery is ZRH8, whose last trading day is March 14, 2028. That is the contract the volume moves into.
What one tick is worth on ZRF8
The minimum price fluctuation is 0.005, which is $10.00 per contract on a multiplier of 2000. A full point is therefore $2,000.00. On a footprint chart one row is one tick, so the same vertical space holds a different number of rows depending on the product: a tick of 0.005 sets how finely the bid and ask volume of ZR can be read.
These are the values the app itself trades on, taken from its contract table rather than retyped, so the P&L shown on a ZRF8 position and the rows of its footprint come from the same numbers.
Every ZR delivery listed in 2028
ZR lists 6 delivery months a year (F, H, K, N, U, X). ZRF8 is number 1 of 6 in 2028.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| ZRF8 (this page) | Jan 2028 | Jan 14, 2028 | Jan 10, 2028 |
| ZRH8 | Mar 2028 | Mar 14, 2028 | Mar 10, 2028 |
| ZRK8 | May 2028 | May 12, 2028 | May 8, 2028 |
| ZRN8 | Jul 2028 | Jul 14, 2028 | Jul 10, 2028 |
| ZRU8 | Sep 2028 | Sep 14, 2028 | Sep 10, 2028 |
| ZRX8 | Nov 2028 | Nov 14, 2028 | Nov 10, 2028 |
Related pages
- ZR futures
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Roll yield
- Back month contract
- ZRH8
- ZRX7
- ZR 2028
- ZSF8
In the same section
This page in other languages
Frequently asked questions
- When does ZRF8 expire?
- The last trading day of ZRF8 is January 14, 2028. Trading terminates on the business day preceding the 15th calendar day of the contract month.
- When should I roll out of ZRF8?
- The app switches its default to the next listed month on January 10, 2028, which is ZRH8. In practice the volume moves before the calendar does, so compare the traded volume and open interest of the two months rather than waiting for the last trading day.
- How much is one tick of ZRF8 worth?
- One tick of 0.005 is $10.00 per contract, and a full point is $2,000.00, on a multiplier of 2000.