Comment used to identify cattle that possess a noticeable degree of the Brahman breed influence, usually 1/4 blood or greater.

Slaughter cows expected to yield carcasses in the range of 75-80% lean.  Typically a cow with more than .35 inch of backfat at the 12th rib.

Aged cows that have one or more teeth missing.

A middleman activity involved in facilitating sales between producers and other levels in the marketing chain.  Typically does not take title to product.

Packed 68 pounds or 25 kg, net weight, in corrugated boxes.

A mature (approximately 24 months of age or older) uncastrated, male bovine.  However, for the purpose of these standards, any mature, castrated, male bovine which has developed or begun to develop the secondary physical characteristics of an uncastrated male also will be considered a bull.

A young (under approximately 24 months of age) male bovine (castrated or uncastrated) that has developed or begun to develop the secondary physical characteristics of a bull.

The fat portion of whole milk.

Contract size is 29,000 gallons (one railcar).  Deliverable grades Denatured Fuel Ethanol ASTM D4806.  Contract months are all calendar months.  Daily price limits are $0.30 per gallon, no limit in the spot month.  Final settlement procedure is by physical delivery.  Refer to the following for full specifications:http://www.cmegroup.com/trading/energy/ethanol/cbot-ethanol_contract_specifications.html

Contract size is 60,000 pounds, about 27 metric tons.  Prices are per pound.  Contract months are January, March, May, July, August, September, October, and December.  Daily price limit is 2.5 cents per pound expandable to 3.5 cents per pound and then to 5.5 cents per pound when the market closes at limit bid or limit offer.  There shall be no price limits on the current month contract on or after the second business day preceding the first day of the delivery month.  Settlement is physical delivery.  Refer to the following link for full specifications: