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Contract specifications
- Contract symbol
- ZRK7
- Product
- Rough Rice (ZR)
- Exchange
- CBOT
- Delivery month
- May 2027 (code K)
- Last trading day
- May 14, 2027
- Default rolls on
- May 10, 2027 (4 days before)
- Tick size
- 0.005
- Tick value
- $10.00
- Point value
- $2,000.00
- Next delivery
- ZRN7 (July 14, 2027)
When ZRK7 stops trading
Trading terminates on the business day preceding the 15th calendar day of the contract month. For ZRK7 that falls on May 14, 2027.
Senzoukria stops offering ZRK7 as the default contract on May 10, 2027, 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 ZRK7 the next listed delivery is ZRN7, whose last trading day is July 14, 2027. That is the contract the volume moves into, just as it moved out of ZRH7 on March 8, 2027.
What one tick is worth on ZRK7
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 ZRK7 position and the rows of its footprint come from the same numbers.
Every ZR delivery listed in 2027
ZR lists 6 delivery months a year (F, H, K, N, U, X). ZRK7 is number 3 of 6 in 2027.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| ZRF7 | Jan 2027 | Jan 14, 2027 | Jan 10, 2027 |
| ZRH7 | Mar 2027 | Mar 12, 2027 | Mar 8, 2027 |
| ZRK7 (this page) | May 2027 | May 14, 2027 | May 10, 2027 |
| ZRN7 | Jul 2027 | Jul 14, 2027 | Jul 10, 2027 |
| ZRU7 | Sep 2027 | Sep 14, 2027 | Sep 10, 2027 |
| ZRX7 | Nov 2027 | Nov 12, 2027 | Nov 8, 2027 |
Related pages
- ZR futures
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Roll yield
- Back month contract
- ZRN7
- ZRH7
- ZR 2027
- ZSK7
In the same section
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Frequently asked questions
- When does ZRK7 expire?
- The last trading day of ZRK7 is May 14, 2027. Trading terminates on the business day preceding the 15th calendar day of the contract month.
- When should I roll out of ZRK7?
- The app switches its default to the next listed month on May 10, 2027, which is ZRN7. 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 ZRK7 worth?
- One tick of 0.005 is $10.00 per contract, and a full point is $2,000.00, on a multiplier of 2000.