Roll Dates
Roll Dates are projected and subject to change without notice. Roll Dates are the expected dates on which the composition of the Benchmark Futures Contract is changed or ”rolled” by selling the near month contract and buying replacement benchmark contract(s).
The three futures contracts (“Corn Futures Contracts”) that are held are traded on the Chicago Board of Trade (“CBOT”), and are specifically: (1) the second-to-expire CBOT Corn Futures Contract, weighted 35%, (2) the third-to-expire CBOT Corn Futures Contract, weighted 30%, and (3) the CBOT Corn Futures Contract expiring in the December following the expiration of the third-to-expire contract.
2018 Roll Dates
Roll Start Date | Roll End Date | Old Contract | Replacement Contract |
March 12, 2018 | March 13, 2018 | May 2018 | September 2018 |
May 08, 2018 | May 11, 2018 | July 2018 | December 2019 |
July 11, 2018 | July 12, 2018 | September 2018 | March 2019 |
September 12, 2018 | September 13, 2018 | December 2018 | May 2019 |
December 12, 2018 | December 13, 2018 | March 2019 | July 2019 |