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Weather hedging: Chicago mercantile exchange weather futures prices.(Marketplace and data: statistics, trends & energy data)(Illustration)

Energy User News

| May 01, 2004 | COPYRIGHT 2004 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 Days   Cooling Degree Days 
 
Location                  March   April         April   May 
 
Atlanta, GA                223     184           50     193 
Boston, MA                 795     555            8     25 
Chicago, IL                740     545           15     45 
Cincinnati, OH             610     430           20     63 
Dallas, TX                 145     80            80     295 
Des Moines, IA             700     425           20     50 
Houston, TX                32      29            190    405 
Kansas City, MO            546     335           25     85 
Las Vegas, NV ...
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