How Much Coffee Is In A Futures Contract?
coffee futures contract trades in 5/100 cent per pound price increments. As each contract is equal to 37,500 pounds of coffee, a $0.05 price move equates to $18.75 ($0.05 x 37,500/100). If Coffee prices were to move up or down 1.00 points, that would equate to $375.00 +/-. How many pounds of coffee are in … Read more