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Weather Hedging.(cooling degree days data)(Brief Article)(Illustration)
Weather Hedging:
Chicago Mercantile Exchange Weather Futures Prices
Each Degree Day valued at $100 per contract
HDD Cooling Degree Days
Location April April June July Aug
Atlanta, GA 125 245 365 493 450
Chicago, IL 523 60 175 290 235
Cincinnati, OH 294 70 218 330 295
Dallas, TX 55 397 493 648 645
Des Moines, IA 389 53 200 335 285
Las Vegas, NV 115 315 625 830 810
New York, NY …
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