On this page
Contract specifications
- Contract symbol
- ZRX7
- Product
- Rough Rice (ZR)
- Exchange
- CBOT
- Delivery month
- November 2027 (code X)
- Last trading day
- November 12, 2027
- Default rolls on
- November 8, 2027 (4 days before)
- Tick size
- 0.005
- Tick value
- $10.00
- Point value
- $2,000.00
- Next delivery
- first 2028 contract
When ZRX7 stops trading
Trading terminates on the business day preceding the 15th calendar day of the contract month. For ZRX7 that falls on November 12, 2027.
Senzoukria stops offering ZRX7 as the default contract on November 8, 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.
ZRX7 is the last 2027 delivery listed for ZR, so the volume moves into the first 2028 contract.
What one tick is worth on ZRX7
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 ZRX7 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). ZRX7 is number 6 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 | 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 (this page) | 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
- ZRF8
- ZRU7
- ZR 2027
- ZSX7
In the same section
This page in other languages
Frequently asked questions
- When does ZRX7 expire?
- The last trading day of ZRX7 is November 12, 2027. Trading terminates on the business day preceding the 15th calendar day of the contract month.
- When should I roll out of ZRX7?
- The app switches its default to the next listed month on November 8, 2027. 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 ZRX7 worth?
- One tick of 0.005 is $10.00 per contract, and a full point is $2,000.00, on a multiplier of 2000.