Coffee <— Back to Hedging Coffee Specifications Exchange: Ice Exchange Contract Size: 37,500 pounds Pricing Unit: Cents and hundredths of a cent up to two decimal places Tick Size (minimum fluctuation): 5/100 cent/lb., equivalent to $18.75 per contract. Contract Months (Symbols): March (H), May (K), July (N), September (U), December (Z) Trading Hours (ICE, electronic): 3:30 AM – 2:00 PM Daily Price Limit: None Settlement Procedure: Physical Delivery First Notice Day: Seven business days prior to first business day of delivery month. Last Trade Day: One business day prior to last notice day Last Notice Day: Seven business days prior to the last business day of the delivery month