Price change ( PnL ) for Wheat, Soybeans and Corn ....

miked31

Newbie
Messages
8
Likes
0
I was looking over CNBC.com website, looking at the quotes for the Futures , and saw that they list the PnL of the Grains in a different way, then other websites I have seen ( I have attached a screenshot )




If I am breaking it down correctly,

for Soybeans for instance .....




it showed 970.75 as it's current price ( earlier this morning )

a PnL of -7.50

and a percent change 0f -0.77%




So I converted 970.75 to .... 9.7075 ( moved the decimal two places to the left )




Then I converted the 7.50 to ..... .0750 ( by also moving the decimal two places to the left )




For a loss in Soybeans of -$375




Just want to make sure that I am converting this way of the price change ( -7.50 ) correctly




And lastly please, using the above example .....

can 7.50 also be written as ..... 7'4 and 7 4/8 ?




I only ask, because I see that certain websites write the price changes for the Grains, different from one another




I have attached a screenshot, showing the PnL for the three Grains




Thanks for the help ,

I really appreciate it
 

Attachments

  • 2015-06-18 19_21_11-Commodity Trading Prices - Internet Explorer.png
    2015-06-18 19_21_11-Commodity Trading Prices - Internet Explorer.png
    10.2 KB · Views: 367
Top