What is the meaning of Delivery Point?

In a Futures Contract (q. V.) the location where the short must deliver the underlying "commodity" to the long. This can be crucial in the case of physical products, transportation bottlenecks can make it easier for the longs to squeeze the shorts. In April, 1996, the CBOT tried to eliminate Toledo, Ohio as a' Delivery Point'. Farmers and processors who favored delivery there complained to the CFTC, which delayed approval of the change in the contract.

3
 
|15 years ago|282 views|share |citing 
APABarry Goldsmith. (2010). delivery point. Retrieved September 21, 2026, from http://smartdefine.org/delivery_point/definitions/1151798
ChicagoBarry Goldsmith. 2010. "delivery point" http://smartdefine.org/delivery_point/definitions/1151798 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, delivery point, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/delivery_point/definitions/1151798>.
MLABarry Goldsmith. "delivery point" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/delivery_point/definitions/1151798>