Shipping certificate

Shipping Certificate: A negotiable instrument used by several futures exchanges as the futures delivery instrument for several commodities (e.g., soybean meal, plywood, and white wheat).

Delivery notice: Notice from the clearinghouse of a seller's intention to deliver the physical commodity against a short futures position; it precedes and is distinct from the warehouse receipt or shipping certificate, ...

A document used to effect delivery on a futures contract, such as a warehouse receipt or shipping certificate.
Delivery Month
The specified month within which a futures contract matures and can be settled by delivery.

Delivery: The tender and receipt of the actual commodity, the cash value of the commodity, or of a delivery instrument covering the commodity (e.g., warehouse receipts or shipping certificates), used to settle a futures contract.

Typically, except for energy, the commodity must be placed in an approved warehouse, depository, or other storage facility, and be inspected by approved personnel, after which the facility issues a warehouse receipt, shipping certificate, ...

See also: Futures contract, Delivery, Future, Contract, Commodity