Rough Rice (ZR) Futures Contract Specifications

What Are Rough Rice (ZR) Futures?

Rough Rice Futures (ZR) provide traders with exposure to one of the world's most consumed food staples. These contracts allow for speculation on rice price movements, hedging for producers and processors, or agricultural portfolio diversification.

Contract Size

Contract Size: 2,000 hundredweight (cwt)

Example: This contract size allows traders to gain exposure to grains with controlled leverage and risk.

Tick Value and Increment

  • Tick Size: 1/2 cent per hundredweight
  • Tick Value: $10.00 per tick
  • Point Value: $20.00 per cent

These specifications make Rough Rice (ZR) Futures suitable for traders seeking exposure to grains markets.

Trading Hours

Rough Rice (ZR) Futures trade with extended hours, providing flexibility for traders in different time zones.

  • Trading Hours: Sunday to Friday, 7:00 PM to 7:45 AM and 8:30 AM to 1:20 PM
  • Time Zone: Central Time (CT)

Trading Symbol

Platform Symbol: ZR

Margins

To trade Rough Rice (ZR) Futures, you'll need to meet specific margin requirements. Check with your broker for the latest margin rates and details.

Why Trade Rough Rice (ZR) Futures?

  • Exposure to the world's most consumed grain
  • Unique agricultural market with specific fundamentals
  • Effective hedging tool for rice producers and processors
  • Responds to global food security concerns and policies
  • Less correlated to other grain markets for portfolio diversification

Position Sizing for Rough Rice (ZR) Futures

Proper position sizing is crucial when trading Rough Rice (ZR) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.

Position Size Calculator Example

For Rough Rice (ZR) Futures (ZR):

  • Tick Size: 1/2 cent per hundredweight
  • Tick Value: $10.00 per tick
  • Point Value: $20.00 per cent

If you want to risk $500 with a 10-point stop loss:

Risk per Contract = Stop Loss in Points × Point Value = 10 × 20.00 per cent = $200

Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $200 = 2 contracts