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Weather Hedging: Chicago Mercantile Exchange Weather Futures Prices. (Marketplace).(Illustration)

Energy User News

| March 01, 2003 | COPYRIGHT 2003 BNP Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

 
Weather Hedging: Chicago Mercantile Exchange Weather Futures Prices 
 
Each Degree Day valued at $100 per contract 
 
                            Heating Degree Dayes            CDDs 
Location              Jan      Feb    Mar       Apr       May 
 
Atlanta, GA           774      521    360       140       195 
Chicago, IL           1356     1035   845       513        40 
Cincinnati, OH        1273     870    730       370        58 
Dallas, TX            659      440    315       95        285 
Des Muines, IA        1366     1035   835       ...

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