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Weather hedging: Chicago Mercantile Exchange weather futures prices.(Statistics, Trends & Energy Data)(Brief Article)(Illustration)

Energy User News

| November 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 $20 per contract 
 
                        CDDs               HDDs 
 
Location            Sep     Oct     Oct     Nov     Dec 
 
Atlanta, GA        217.5    65      123     340     595 
Boston, MA         67.5     13      340     610     905 
Chicago, IL        94.5     25      387     750    1110 
Cincinnati, OH      127     25      345     620     945 
Dallas, TX          401     140     70      290     550 
Des Moines, IA      131     20      375     795    1175 
Houston, TX         485     200     38      165     360 
Kansas City, MO     160     30      275     ...
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