On this page
Contract specifications
- Contract symbol
- ZRK0
- Product
- Rough Rice (ZR)
- Exchange
- CBOT
- Delivery month
- May 2030 (code K)
- Last trading day
- May 14, 2030
- Default rolls on
- May 10, 2030 (4 days before)
- Tick size
- 0.005
- Tick value
- $10.00
- Point value
- $2,000.00
- Next delivery
- ZRN0 (July 12, 2030)
When ZRK0 stops trading
Trading terminates on the business day preceding the 15th calendar day of the contract month. For ZRK0 that falls on May 14, 2030.
Senzoukria stops offering ZRK0 as the default contract on May 10, 2030, 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 ZRK0 the next listed delivery is ZRN0, whose last trading day is July 12, 2030. That is the contract the volume moves into, just as it moved out of ZRH0 on March 10, 2030.
What one tick is worth on ZRK0
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 ZRK0 position and the rows of its footprint come from the same numbers.
Every ZR delivery listed in 2030
ZR lists 6 delivery months a year (F, H, K, N, U, X). ZRK0 is number 3 of 6 in 2030.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| ZRF0 | Jan 2030 | Jan 14, 2030 | Jan 10, 2030 |
| ZRH0 | Mar 2030 | Mar 14, 2030 | Mar 10, 2030 |
| ZRK0 (this page) | May 2030 | May 14, 2030 | May 10, 2030 |
| ZRN0 | Jul 2030 | Jul 12, 2030 | Jul 8, 2030 |
| ZRU0 | Sep 2030 | Sep 13, 2030 | Sep 9, 2030 |
| ZRX0 | Nov 2030 | Nov 14, 2030 | Nov 10, 2030 |
Related pages
- ZR futures
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Roll yield
- Back month contract
- ZRN0
- ZRH0
- ZR 2030
- ZSK0
In the same section
This page in other languages
Frequently asked questions
- When does ZRK0 expire?
- The last trading day of ZRK0 is May 14, 2030. Trading terminates on the business day preceding the 15th calendar day of the contract month.
- When should I roll out of ZRK0?
- The app switches its default to the next listed month on May 10, 2030, which is ZRN0. 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 ZRK0 worth?
- One tick of 0.005 is $10.00 per contract, and a full point is $2,000.00, on a multiplier of 2000.