KC Wheat (HRW) Futures Contract Specifications
KE · CBOT · one contract = 5,000 bushels
KC Wheat (HRW) futures (KE) trade on CBOT in 0.25-increment ticks worth $12.50 per contract; a full 1.0-point move is $50.00. One contract covers 5,000 bushels.
Specification table
| Name | KC Wheat (HRW) |
| Exchange | CBOT |
| Ticker symbol | KE |
| Contract unit | 5,000 bushels |
| Tick size | 0.25 |
| Tick value | $12.50 |
| Point value | $50.00 |
| CFTC contract code | 001612 |
| COT report families | legacy, disagg |
| Quote convention | quoted in cents/bushel; tick is 1/4 cent |
Worked tick math
A 10-tick move on 1 KC Wheat (HRW) contract (KE) is $125.00 — tick size 0.25 × tick value $12.50. A 1-point move is 4 ticks = $50.00. Ten contracts moving 5 ticks = $625.00.
Run your own numbers: KC Wheat (HRW) futures calculator.
Positioning: large speculators are net long 14,300 contracts as of the 2026-07-21 COT report — full KC Wheat (HRW) COT data.
FAQ
- What is the tick size and value of KC Wheat (HRW) futures?
- KC Wheat (HRW) (KE, CBOT) moves in 0.25 increments worth $12.50 per contract.
- What does one KE contract cover?
- One contract covers 5,000 bushels.
- How much is a full point on KE?
- $50.00 — tick value ÷ tick size.
Related
KC Wheat (HRW) COT report
KC Wheat (HRW) calculator
KC Wheat (HRW) COT history (CSV)
All contract specs
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Specs verified against exchange sources 2026-07-25; the exchange's own contract page is always authoritative. Not investment advice.