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Delivery Points

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Delivery points
Locations designated by futures exchanges at which the financial instrument or commodity covered by a futures contract may be delivered in fulfillment of such a contract.

Delivery Points
In international commerce and futures contracts, the agreed-upon location where the seller or his/her representative must hand over the underlying good or commodity in order to have fulfilled the obligation to make delivery. Often, a delivery point is a warehouse.


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CBOT South American soybean contracts started May 20 and will be physically settled, with delivery points in Brazil.
Corzine suggested that growers who are in doubt consult their seed suppliers as well as their delivery points - be it elevators or processors.
SoCal Border and Henry Hub are both natural gas delivery points.
 
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