What is one tick worth on Wheat (SRW) (ZW)?

$12.50 per contract — the contract moves in 0.25 increments.

What is a full point worth on ZW?

$50.00 per contract (tick value ÷ tick size).

Wheat (SRW) Futures Calculator

ZW · CBOT · tick 0.25 = $12.50 · point = $50.00

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Worked example — A 10-tick move on 1 Wheat (SRW) contract (ZW) is $125.00 — tick size 0.25 × tick value $12.50.

Exchange	CBOT
Symbol	ZW
Contract unit	5,000 bushels
Tick size	0.25
Tick value	$12.50
Point value	$50.00
Quote note	quoted in cents/bushel; tick is 1/4 cent

Full contract details: Wheat (SRW) specifications · positioning: Wheat (SRW) COT report · history: CSV.

FAQ

What is one tick worth on Wheat (SRW) (ZW)?: $12.50 per contract — the contract moves in 0.25 increments.
What is a full point worth on ZW?: $50.00 per contract (tick value ÷ tick size).
How much is a 10-tick move on ZW?: $125.00 per contract.

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Calculators are arithmetic on contract specifications, not advice. Futures trading involves substantial risk of loss. Specs from exchange sources, verified 2026-07-25 — methodology.