Sample Wall Street Journal Futures Price Quotations TABLE 23.1 Metal & Petroleum Futures Contract pen interest High hi lo Settle Chg pen Low Copper-High (CMX)-25,000 lbs; $ per lb Feb 2.6480 -0.0125 2.6735 2.6735 2.6715 672 March 2.6660 2.6765 2.6410 2.6535 -0.0130 120,434 Gold (CMX)-100 troy oz; $ per troy oz. Feb 1,387 1226.90 1239.40 1243.50 1235.10 -2.50 pril 1246.20 1226.10 1236.80 288,888 -2. 1242.70 June 1246.10 63,531 1230.00 -2.70 1249.00 1240.00 18,296 Aug -2.80 1250.10 1252.00 1235.10 1243.10 Dec 1256.90 29,516 -2.70 1254.00 1239.00 1249.20 June'18 1266.00 1266.00 1254.80 1259.00 -2.50 4,419 Palladium (NYM)-50 troy oz; $ per troy oz. Feb 732.85 732.85 732.85 772.60 2.80 arch 778.80 770.60 768.00 2.80 22,948 772.55 780.00 June 2.85 6,503 771.00 770.40 774.00 Sept 3.60 777.00 775.10 775.00 775-30 17 Platinum (NYM)-50 troy oz; $per troy oz 978.80 Feb 978.80 2.80 979.10 1019.20 42 April 1019.60 1016.20 2.80 1032.10 1022.20 59,479 Silver (CMX)-5,000 troy oz.; $ per troy oz Feb 17.815 17.750 17.750 17.720 0.037 179 arch 17.780 17.845 17.615 0.036 17.741 113,427 Crude Oil, Light Sweet (NYM)-1,000 bbls; $ per bbl Crude Oil, Light Sweet (NYM)-1,000 bbls; $ per bbl. March o,66 385,634 52.37 53.21 52.37 53.00 pril 52.98 280,780 53-46 53-70 52.95 0.55 ay 53-88 53-42 54.10 192,554 53.41 0.51 264,679 June 0.49 53.90 54.45 53.90 54.25 Dec 229,809 54-79 55-35 54-79 55.21 0.49 Dec'18 55.10 55-50 55.04 55-32 0.37 111,505 NY Harbor ULSD (NYM)-42,000 gal; $ per gal March 1.6345 1.6360 1.6624 1.6415 0055 111,133 pril 1.6443 1.6693 1.6435 1.6500 72,273 0059 Gasoline-NY RBOB (NYM)-42,000 gal; $ per gal. March 1.5811 112,099 1.5510 1.5471 1.5702 0175 pril 1.7600 1.7800 85.512 1.7575 1.7741 0122 Natural Gas (NYM)-10,000 MMBtu; $ per MMBtu March 3.189 3.141 3.143 3.110 015 197,215 pril 146,224 3.212 3.253 3.179 3.209 013 ay 3.269 3.240 3.311 3.272 017 137,143 June 3-365 79,485 3.298 3-339 3-330 019 July 3-385 3-350 3-380 79,570 3.413 020 Oct 3.385 3-358 3.423 3-392 .020 93,442 Agriculture Futures Corn (CBT)-5,000 bu; cents per bu March 369.50 367.50 369.50 500,405 372.75 -1.25 ay 380.25 346,739 377.25 375.25 377.25 -1.25 Oats (CBT)-5,000 bu; cents per bu March 256.00 250.00 50 257.50 254.50 4,155 Oats (CBT)-5,000 bu; cents per bu March 256.00 257.50 250.00 254.50 -50 4,155 ay 248.25 246.00 253.00 254.00 3.00 3,027 Soybeans (CBT)-5,000 bu; cents per bu. March 1061.50 -8.25 248,998 1057.00 1045.00 1050.50 ay 1067.25 1061.50 210,368 1071.50 -7.75 1055.50 Soybean Meal (CBT)-100 tons; $ per ton. March 338.40 341.60 -2.80 126,399 340.70 335-90 May 344-80 345.80 342.60 122,484 -2.70 340.10 Soybean Oil (CBT)-60,000 lbs; cents per lb March 34.67 34.67 34-98 123,991 34.47 -02 ay 34.96 35.26 34-76 118,319 -03 34.95 Rough Rice (CBT)-2,000 cwt; $ per cwt. March 960.50 -8.00 9.388 953.00 942.00 947-50 ay 978.50 984-50 968.00 -8.50 2,516 972.50 Wheat (CBT)-5,000 bu.; cents per bu March 179,982 443.50 430.50 444.00 429.50 11.00 ay 442.00 455-50 11.75 440.75 455.25 137,497 Wheat (KC)-5,000 bu; cents per bu. March 438.25 440.25 71,740 451.75 451.25 9.25 July 465.25 462.75 8.50 69,377 475.00 475.25 Wheat (MPLS)-5,000 bu; cents per bu. March 569.50 556.00 568.50 24,788 557-50 11.00 ay 556.75 567.00 566.50 555.50 9.25 29,537 Cattle-Feeder (CME)-50,000 lbs.; cents per lb March 123.800 123.625 122.525 19,575 121.900 1.325 Cattle-Feeder (CME)-50,000 lbs.; cents per lb. March 123.800 123.625 122.525 121.900 1.325 19,575 April 10,511 123.250 124.200 122.450 124.050 1.075 Cattle-Live (CME)-40,000 lbs; cents per lb. Feb 116.775 117.650 875 117.250 117.750 17,410 pril 114.825 115.000 115.175 114.125 075 144,593 Hogs-Lean (CME)-40,000 lbs; cents per lb Feb 875 14,671 74-500 73.900 73-550 74.225 pril 70.625 104,603 72.125 72.250 70.775 -950 Lumber (CME)-110.000 bd. ft., $ per 1,000 bd. ft March 381.70 381.70 373.80 2,698 375-40 3.50 378.40 ay 379.60 381.70 2.60 1,541 375-90 Milk (CME)-200,000 lbs.; cents per lb. Feb 16.87 16.89 16.79 16.85 4,180 March 16.91 16.73 16.97 17.03 03 4392 Cocoa (ICE-US)-10 metric tons; $ per ton. March 2,018 1,969 1,993 35:455 1,974 -19 ay 2,008 2,038 1,988 1,996 -15 105,293 Coffee (ICE-US)-37.500 lbs; cents per lb March 142.85 43.558 143-40 145.70 145.20 2.30 ay 148.05 147.60 145.95 145.25 2.30 73,254 Sugar-World (ICE-US) -112,000 lbs; cents per lb. March 20.62 20.65 220,619 20.74 21.03 -11 20.65 ay 20.61 224,526 -08 20.72 20.97 Sugar-Domestic (ICE-US)-112,000 lbs; cents per lb ay 07 946 30.40 30.40 30.40 30.32 ay 946 30.40 30.40 30.40 30.32 07 July 1,768 30.40 30.40 30.39 30.40 Cotton (ICE-US)-50,000 lbs; cents per lb March 76.13 75.58 75.43 75.25 33 104,332 May 76.40 76.40 76.65 77.30 .22 97.772 Orange Juice (ICE-US)-15,000 lbs; cents per lb March 172.65 7,438 175.00 171.55 174.00 1.00 167.80 169.75 168.75 ay 166.80 60 3,434 Interest Rate Futures Treasury Bonds (CBT)-$100,000; pts 32nds of 100% March 153-160 152-060 622,929 -1-030 153-170 151-310 June 152-060 152-060 150-300 2,310 150-240 -1-030 Treasury Notes (CBT)-$100,000; pts 32nds of 100% March 3,169,794 125-155 125-155 124-270 124-295 -14.0 124-265 June 68,648 124-270 124-105 124-120 -14.5 5 Yr. Treasury Notes (CBT)-$100,000; pts 32nds of 100% March -8.5 118-132 118-132 118-012 118-025 3,119,541 June 118-015 118-015 117-230 117-235 -9.0 137,090 2 Yr. Treasury Notes (CBT)-$200,000; pts 32nds of 100% March 108-170 108-172 108-142 108-147 -2.0 1,349,070 108-055 June 108-060 108-060 108-060 8,979 -2.5 30 Day Federal Funds (CBT)-$5,000,000; 100-daily avg. Feb 99-345 99.343 99.343 99-342 -001 100,104 pril 373,852 99.315 99.320 99.305 99.310 -005 10 Yr. Del. Int. Rate Swaps (CBT)-$100,000; pts 32nds of 100% March 94.766 94-438 438 94.703 94-359 31,717 March 94-766 94-438 94.703 94.359 -438 31,717 1 Month Llbor (CME)- $3,000,000; pts of 100% Feb 4,896 99.2275 Eurodollar (CME)-$1,000,000; pts of 100% Feb 98.9650 98.9650 98.9625 98.9625 83,716 -.0025 arch 98.9450 98.9450 98.9300 98.9350 1,455,611 -.0100 June 98.8000 98.8000 98.7750 98.7800 -.0200 1,434,355 98.5400 98.5450 Dec 98.5000 98.5050 1,350,776 -.0300 Currency Futures Japanese Yen (CME)- 12,500,000; $ per 100 March .8948 8949 .8829 .8834 191,960 -0097 8982 June 8986 8868 .8872 -0096 9,846 Canadian Dollar (CME)-CAD 100.000; $ per CAD March 7610 .7639 7596 7614 0011 115,305 June 7619 7646 7604 .7622 2,625 0011 British Pound (CME)-62,500; $ per March 1.2589 208,495 1.2497 1.2544 1.2502 -0031 June 1.2563 1.2616 1,661 1.2527 1.2531 -o032 Swiss Franc (CME)-CHF 125,000; $ per CHF March 1.0066 -0064 47,842 1.0079 9995 9999 June 1.0136 1.0058 -0064 180 10055 1.0100 Australian Dollar (CME)-AUD 100,000; $ per AUD March 7636 7659 7605 .7622 -0004 115.779 June 7617 7641 -7589 .7605 -.0004 1,205 7611 Sept -7576 -7576 688 7593 -.0004 Mexican Peso (CME)-MXN 500,000; $ per MXN Sept 7576 7611 -7576 688 -7593 -0004 Mexican Peso (CME)-MXN 500,000; $ per MXN March 142,828 04861 04847 04879 00018 04904 04837 June 04782 04811 o0018 04791 47,992 Euro (CME)-C125,000; $ per March 1.0706 1.0662 1.0670 1.0721 -.0029 391,573 1.0746 June -0029 10,473 1.0770 1.0712 1.0720 Index Futures Mini DJ Industrial Average (CBT)-$5 x index March 20158 19982 20136 126,519 20010 134 June 136 893 19921 20093 19921 20073 s&P 500 Index (CME)-$250 x index March 2290.70 2307.50 2288.30 68,270 2304.30 14.10 June 1,259 2295-50 2302.90 2295-50 2299.10 14.20 Mini S&P 500 (CME)-$50 x index March 2287.75 2,882,114 2290.50 2307.75 2304.25 14.00 June 2285.00 2282.50 36,548 2302.75 2299.00 14.00 Mini S&P Midcap 400 (CME)-$100 x index March 1694.30 1712.80 1691.70 16.30 94,526 1709.70 Mini Nasdaq 100 (CME)-$20 x index March 5189.8 5186.3 233,819 5219.3 5212.3 21.0 June 5217.8 5186.0 621 5193.3 5211.3 21.0 Mini Russell 2000 (ICE-US)-$100x index March 1356.50 1380.10 1354.60 613,166 1377.00 21.00 June 1357-30 1375.70 1357.30 1374.30 21.00 540 Mini Russell 1000 (ICE-US) -$ 100 x index March 1356.50 1380.10 1354.60 613,166 1377.00 21.00 June 1357-30 1375.70 1357.30 1374-30 21.00 540 Mini Russell 1000 (ICE-US)-$100 x index March 1282.10 1274.60 1280.60 8.50 7,872 1275.10 U.S. Dollar Index (ICE-US)-$1,000o x index arch 100.67 100.08 100.65 69,426 38 100.24 June 100.58 100.56 36 100.22 100.05 2,792 Sources: SIX Financial Information; The Wall Street Journal, February 10, 2017 Suppose you purchase a May 2017 cocoa futures contract on this day at the last price of the day. Use Table 231 What will your profit or loss be if cocoa prices turn out to be $1,971.00 per ton at expiration? (Do not round Intermedlate calculeations. Enter your answer as a positive value and round your answer to 2 decimal places, e.g., 32.16.) Sample Wall Street Journal Futures Price Quotations TABLE 23.1 Metal & Petroleum Futures Contract pen interest High hi lo Settle Chg pen Low Copper-High (CMX)-25,000 lbs; $ per lb Feb 2.6480 -0.0125 2.6735 2.6735 2.6715 672 March 2.6660 2.6765 2.6410 2.6535 -0.0130 120,434 Gold (CMX)-100 troy oz; $ per troy oz. Feb 1,387 1226.90 1239.40 1243.50 1235.10 -2.50 pril 1246.20 1226.10 1236.80 288,888 -2. 1242.70 June 1246.10 63,531 1230.00 -2.70 1249.00 1240.00 18,296 Aug -2.80 1250.10 1252.00 1235.10 1243.10 Dec 1256.90 29,516 -2.70 1254.00 1239.00 1249.20 June'18 1266.00 1266.00 1254.80 1259.00 -2.50 4,419 Palladium (NYM)-50 troy oz; $ per troy oz. Feb 732.85 732.85 732.85 772.60 2.80 arch 778.80 770.60 768.00 2.80 22,948 772.55 780.00 June 2.85 6,503 771.00 770.40 774.00 Sept 3.60 777.00 775.10 775.00 775-30 17 Platinum (NYM)-50 troy oz; $per troy oz 978.80 Feb 978.80 2.80 979.10 1019.20 42 April 1019.60 1016.20 2.80 1032.10 1022.20 59,479 Silver (CMX)-5,000 troy oz.; $ per troy oz Feb 17.815 17.750 17.750 17.720 0.037 179 arch 17.780 17.845 17.615 0.036 17.741 113,427 Crude Oil, Light Sweet (NYM)-1,000 bbls; $ per bbl Crude Oil, Light Sweet (NYM)-1,000 bbls; $ per bbl. March o,66 385,634 52.37 53.21 52.37 53.00 pril 52.98 280,780 53-46 53-70 52.95 0.55 ay 53-88 53-42 54.10 192,554 53.41 0.51 264,679 June 0.49 53.90 54.45 53.90 54.25 Dec 229,809 54-79 55-35 54-79 55.21 0.49 Dec'18 55.10 55-50 55.04 55-32 0.37 111,505 NY Harbor ULSD (NYM)-42,000 gal; $ per gal March 1.6345 1.6360 1.6624 1.6415 0055 111,133 pril 1.6443 1.6693 1.6435 1.6500 72,273 0059 Gasoline-NY RBOB (NYM)-42,000 gal; $ per gal. March 1.5811 112,099 1.5510 1.5471 1.5702 0175 pril 1.7600 1.7800 85.512 1.7575 1.7741 0122 Natural Gas (NYM)-10,000 MMBtu; $ per MMBtu March 3.189 3.141 3.143 3.110 015 197,215 pril 146,224 3.212 3.253 3.179 3.209 013 ay 3.269 3.240 3.311 3.272 017 137,143 June 3-365 79,485 3.298 3-339 3-330 019 July 3-385 3-350 3-380 79,570 3.413 020 Oct 3.385 3-358 3.423 3-392 .020 93,442 Agriculture Futures Corn (CBT)-5,000 bu; cents per bu March 369.50 367.50 369.50 500,405 372.75 -1.25 ay 380.25 346,739 377.25 375.25 377.25 -1.25 Oats (CBT)-5,000 bu; cents per bu March 256.00 250.00 50 257.50 254.50 4,155 Oats (CBT)-5,000 bu; cents per bu March 256.00 257.50 250.00 254.50 -50 4,155 ay 248.25 246.00 253.00 254.00 3.00 3,027 Soybeans (CBT)-5,000 bu; cents per bu. March 1061.50 -8.25 248,998 1057.00 1045.00 1050.50 ay 1067.25 1061.50 210,368 1071.50 -7.75 1055.50 Soybean Meal (CBT)-100 tons; $ per ton. March 338.40 341.60 -2.80 126,399 340.70 335-90 May 344-80 345.80 342.60 122,484 -2.70 340.10 Soybean Oil (CBT)-60,000 lbs; cents per lb March 34.67 34.67 34-98 123,991 34.47 -02 ay 34.96 35.26 34-76 118,319 -03 34.95 Rough Rice (CBT)-2,000 cwt; $ per cwt. March 960.50 -8.00 9.388 953.00 942.00 947-50 ay 978.50 984-50 968.00 -8.50 2,516 972.50 Wheat (CBT)-5,000 bu.; cents per bu March 179,982 443.50 430.50 444.00 429.50 11.00 ay 442.00 455-50 11.75 440.75 455.25 137,497 Wheat (KC)-5,000 bu; cents per bu. March 438.25 440.25 71,740 451.75 451.25 9.25 July 465.25 462.75 8.50 69,377 475.00 475.25 Wheat (MPLS)-5,000 bu; cents per bu. March 569.50 556.00 568.50 24,788 557-50 11.00 ay 556.75 567.00 566.50 555.50 9.25 29,537 Cattle-Feeder (CME)-50,000 lbs.; cents per lb March 123.800 123.625 122.525 19,575 121.900 1.325 Cattle-Feeder (CME)-50,000 lbs.; cents per lb. March 123.800 123.625 122.525 121.900 1.325 19,575 April 10,511 123.250 124.200 122.450 124.050 1.075 Cattle-Live (CME)-40,000 lbs; cents per lb. Feb 116.775 117.650 875 117.250 117.750 17,410 pril 114.825 115.000 115.175 114.125 075 144,593 Hogs-Lean (CME)-40,000 lbs; cents per lb Feb 875 14,671 74-500 73.900 73-550 74.225 pril 70.625 104,603 72.125 72.250 70.775 -950 Lumber (CME)-110.000 bd. ft., $ per 1,000 bd. ft March 381.70 381.70 373.80 2,698 375-40 3.50 378.40 ay 379.60 381.70 2.60 1,541 375-90 Milk (CME)-200,000 lbs.; cents per lb. Feb 16.87 16.89 16.79 16.85 4,180 March 16.91 16.73 16.97 17.03 03 4392 Cocoa (ICE-US)-10 metric tons; $ per ton. March 2,018 1,969 1,993 35:455 1,974 -19 ay 2,008 2,038 1,988 1,996 -15 105,293 Coffee (ICE-US)-37.500 lbs; cents per lb March 142.85 43.558 143-40 145.70 145.20 2.30 ay 148.05 147.60 145.95 145.25 2.30 73,254 Sugar-World (ICE-US) -112,000 lbs; cents per lb. March 20.62 20.65 220,619 20.74 21.03 -11 20.65 ay 20.61 224,526 -08 20.72 20.97 Sugar-Domestic (ICE-US)-112,000 lbs; cents per lb ay 07 946 30.40 30.40 30.40 30.32 ay 946 30.40 30.40 30.40 30.32 07 July 1,768 30.40 30.40 30.39 30.40 Cotton (ICE-US)-50,000 lbs; cents per lb March 76.13 75.58 75.43 75.25 33 104,332 May 76.40 76.40 76.65 77.30 .22 97.772 Orange Juice (ICE-US)-15,000 lbs; cents per lb March 172.65 7,438 175.00 171.55 174.00 1.00 167.80 169.75 168.75 ay 166.80 60 3,434 Interest Rate Futures Treasury Bonds (CBT)-$100,000; pts 32nds of 100% March 153-160 152-060 622,929 -1-030 153-170 151-310 June 152-060 152-060 150-300 2,310 150-240 -1-030 Treasury Notes (CBT)-$100,000; pts 32nds of 100% March 3,169,794 125-155 125-155 124-270 124-295 -14.0 124-265 June 68,648 124-270 124-105 124-120 -14.5 5 Yr. Treasury Notes (CBT)-$100,000; pts 32nds of 100% March -8.5 118-132 118-132 118-012 118-025 3,119,541 June 118-015 118-015 117-230 117-235 -9.0 137,090 2 Yr. Treasury Notes (CBT)-$200,000; pts 32nds of 100% March 108-170 108-172 108-142 108-147 -2.0 1,349,070 108-055 June 108-060 108-060 108-060 8,979 -2.5 30 Day Federal Funds (CBT)-$5,000,000; 100-daily avg. Feb 99-345 99.343 99.343 99-342 -001 100,104 pril 373,852 99.315 99.320 99.305 99.310 -005 10 Yr. Del. Int. Rate Swaps (CBT)-$100,000; pts 32nds of 100% March 94.766 94-438 438 94.703 94-359 31,717 March 94-766 94-438 94.703 94.359 -438 31,717 1 Month Llbor (CME)- $3,000,000; pts of 100% Feb 4,896 99.2275 Eurodollar (CME)-$1,000,000; pts of 100% Feb 98.9650 98.9650 98.9625 98.9625 83,716 -.0025 arch 98.9450 98.9450 98.9300 98.9350 1,455,611 -.0100 June 98.8000 98.8000 98.7750 98.7800 -.0200 1,434,355 98.5400 98.5450 Dec 98.5000 98.5050 1,350,776 -.0300 Currency Futures Japanese Yen (CME)- 12,500,000; $ per 100 March .8948 8949 .8829 .8834 191,960 -0097 8982 June 8986 8868 .8872 -0096 9,846 Canadian Dollar (CME)-CAD 100.000; $ per CAD March 7610 .7639 7596 7614 0011 115,305 June 7619 7646 7604 .7622 2,625 0011 British Pound (CME)-62,500; $ per March 1.2589 208,495 1.2497 1.2544 1.2502 -0031 June 1.2563 1.2616 1,661 1.2527 1.2531 -o032 Swiss Franc (CME)-CHF 125,000; $ per CHF March 1.0066 -0064 47,842 1.0079 9995 9999 June 1.0136 1.0058 -0064 180 10055 1.0100 Australian Dollar (CME)-AUD 100,000; $ per AUD March 7636 7659 7605 .7622 -0004 115.779 June 7617 7641 -7589 .7605 -.0004 1,205 7611 Sept -7576 -7576 688 7593 -.0004 Mexican Peso (CME)-MXN 500,000; $ per MXN Sept 7576 7611 -7576 688 -7593 -0004 Mexican Peso (CME)-MXN 500,000; $ per MXN March 142,828 04861 04847 04879 00018 04904 04837 June 04782 04811 o0018 04791 47,992 Euro (CME)-C125,000; $ per March 1.0706 1.0662 1.0670 1.0721 -.0029 391,573 1.0746 June -0029 10,473 1.0770 1.0712 1.0720 Index Futures Mini DJ Industrial Average (CBT)-$5 x index March 20158 19982 20136 126,519 20010 134 June 136 893 19921 20093 19921 20073 s&P 500 Index (CME)-$250 x index March 2290.70 2307.50 2288.30 68,270 2304.30 14.10 June 1,259 2295-50 2302.90 2295-50 2299.10 14.20 Mini S&P 500 (CME)-$50 x index March 2287.75 2,882,114 2290.50 2307.75 2304.25 14.00 June 2285.00 2282.50 36,548 2302.75 2299.00 14.00 Mini S&P Midcap 400 (CME)-$100 x index March 1694.30 1712.80 1691.70 16.30 94,526 1709.70 Mini Nasdaq 100 (CME)-$20 x index March 5189.8 5186.3 233,819 5219.3 5212.3 21.0 June 5217.8 5186.0 621 5193.3 5211.3 21.0 Mini Russell 2000 (ICE-US)-$100x index March 1356.50 1380.10 1354.60 613,166 1377.00 21.00 June 1357-30 1375.70 1357.30 1374.30 21.00 540 Mini Russell 1000 (ICE-US) -$ 100 x index March 1356.50 1380.10 1354.60 613,166 1377.00 21.00 June 1357-30 1375.70 1357.30 1374-30 21.00 540 Mini Russell 1000 (ICE-US)-$100 x index March 1282.10 1274.60 1280.60 8.50 7,872 1275.10 U.S. Dollar Index (ICE-US)-$1,000o x index arch 100.67 100.08 100.65 69,426 38 100.24 June 100.58 100.56 36 100.22 100.05 2,792 Sources: SIX Financial Information; The Wall Street Journal, February 10, 2017 Suppose you purchase a May 2017 cocoa futures contract on this day at the last price of the day. Use Table 231 What will your profit or loss be if cocoa prices turn out to be $1,971.00 per ton at expiration? (Do not round Intermedlate calculeations. Enter your answer as a positive value and round your answer to 2 decimal places, e.g., 32.16.)
