Senzoukria · Futures contracts

ZWH7 expiry: March 12, 2027

ZWH7 is the March 2027 delivery of Wheat on CBOT. Its last trading day is March 12, 2027, and the app moves its default to the next listed month on March 8, 2027, 4 calendar days earlier. One tick is 0.25, worth $12.50, on a multiplier of 50.

Updated September 2026First published 16 October 2026

On this page
  1. Contract specifications
  2. When ZWH7 stops trading
  3. When the volume actually leaves
  4. What one tick is worth on ZWH7
  5. Every ZW delivery listed in 2027
  6. Related pages
  7. In the same section
  8. This page in other languages
  9. Frequently asked questions

Contract specifications

Contract symbol
ZWH7
Product
Wheat (ZW)
Exchange
CBOT
Delivery month
March 2027 (code H)
Last trading day
March 12, 2027
Default rolls on
March 8, 2027 (4 days before)
Tick size
0.25
Tick value
$12.50
Point value
$50.00
Next delivery
ZWK7 (May 14, 2027)

When ZWH7 stops trading

Trading terminates on the business day preceding the 15th calendar day of the contract month. For ZWH7 that falls on March 12, 2027.

Senzoukria stops offering ZWH7 as the default contract on March 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.

For ZWH7 the next listed delivery is ZWK7, whose last trading day is May 14, 2027. That is the contract the volume moves into.

What one tick is worth on ZWH7

The minimum price fluctuation is 0.25, which is $12.50 per contract on a multiplier of 50. A full point is therefore $50.00. 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 0.25 sets how finely the bid and ask volume of ZW 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 ZWH7 position and the rows of its footprint come from the same numbers.

Every ZW delivery listed in 2027

ZW lists 5 delivery months a year (H, K, N, U, Z). ZWH7 is number 1 of 5 in 2027.

ZW 2027: last trading day and roll date of every listed delivery
ContractDeliveryLast trading dayDefault rolls on
ZWH7 (this page)Mar 2027Mar 12, 2027Mar 8, 2027
ZWK7May 2027May 14, 2027May 10, 2027
ZWN7Jul 2027Jul 14, 2027Jul 10, 2027
ZWU7Sep 2027Sep 14, 2027Sep 10, 2027
ZWZ7Dec 2027Dec 14, 2027Dec 10, 2027

In the same section

This page in other languages

Frequently asked questions

When does ZWH7 expire?
The last trading day of ZWH7 is March 12, 2027. Trading terminates on the business day preceding the 15th calendar day of the contract month.
When should I roll out of ZWH7?
The app switches its default to the next listed month on March 8, 2027, which is ZWK7. 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 ZWH7 worth?
One tick of 0.25 is $12.50 per contract, and a full point is $50.00, on a multiplier of 50.
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