Benchmark contracts
| Benchmark | Type | Contract spec | Unit | Range | As of | Deliverable grade |
|---|---|---|---|---|---|---|
| India (Rajasthan)Headline | physical_fob | — | USD/kg | 8–14 | Dec 2024 | — |
| California | physical_cif | — | USD/liter | 12–18 | Dec 2024 | — |
| Germany | physical_fob | — | USD/kg | 22–32 | Dec 2024 | — |
Premium structure
Differentials between benchmarks reveal where physical wheatgrass trades relative to the futures reference and how regional grades price against the global standard.
| Benchmark | Differential | Notes |
|---|---|---|
| India (Rajasthan) | — | |
| California | — | |
| Germany | — |
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