The date upon which sugar shall be delivered on an Exchange contract is
at the option of the seller, provided that date come within the month
named in the contract. Notice of the date of delivery must be given to
the buyer seven, eight or nine days preceding the day on which delivery
will be made.
If you are not going to fill your actual sugar needs by accepting
delivery from the Exchange warehouses, you should close out your
contracts within two weeks, or, at the latest, ten days of the first of
the month in which delivery is specified, as after notification of
delivery has been given, there is usually not sufficient time to make
other plans.