Current location - Trademark Inquiry Complete Network - Futures platform - Is the unit of American wheat futures tons or something?
Is the unit of American wheat futures tons or something?
The current price of Maimai 07 should be 8 14 cents/bushel.

Bushels (abbreviated as BU) are units of measurement.

It is a quantitative container, just like the old barrels and liter measuring containers in China. In Britain, a bushel is equal to eight gallons, which is equivalent to 36.268 liters (metric). In the United States, a bushel is equivalent to 35.238 liters (metric). 1 bushels of oil or grain have different weights. Even for the same oil or grain, there are some differences in actual conversion due to different varieties or producing areas.

The weight of 1 bushel wheat is 60lb or 27.25438+054kg. ..