Extended hours commodities

Reminder: What will not change (and why)

  • The daily settlement price (DSP) remains fixed at 18:30 CET for all the commodity contracts including Milling Wheat, Corn and Rapeseed futures. This ensures that market participants’ current processes are not disrupted and historical comparability is maintained.
  • Trading hours and expiry procedures for options on Milling Wheat (OBM), Rapeseed (OCO) and Corn (OMA) remain unchanged: 10:46–18:30 CET.
  • The physical delivery procedure remains unchanged. Trading for Milling Wheat, Rapeseed and Corn futures contracts will stop at 18:30 CET during the final three trading days before expiry (D-2, D-1, D) for the front expiry only. This avoids disrupting the physical delivery process and the convergence between futures prices and spot prices in the last days of a given expiry.
  • No change to anything else regarding clearing.

Reasons for the change

The introduction of extended trading hours aims to bring the following benefits: 

  • Offer more flexibility to market participants looking to manage price risk in a more efficient way, and allow them to react in an orderly manner to news and events taking place after the main trading session close at 18:30 CET. For example: results of international grain tenders, USDA WASDE and Crop Production reports; 
  • Provide market participants from all over the world with access to the main benchmarks in the grain market, the Euronext MATIF Milling Wheat, Rapeseed and Corn futures contracts, giving them the ability to trade these benchmarks when other grain benchmarks on CME Group are available for trading, which is during the evening for Europe.
  • Enhance the European benchmark for wheat, rapeseed and corn to meet client needs by offering a longer, more flexible trading window while preserving the existing contract design, margining and settlement framework.

Contacts

For more information about the introduction of extended trading hours for Euronext Commodity futures, please contact your sales representative or the Euronext Commodity Team at: commodities@euronext.com
 

Download extended trading hours from 13 April 2026

Subscribe to