This is exchange notation for contracts trading beyond the next 12 months. For example, in February of 1999, red December refers to December 2000.
exchange notation for contracts trading beyond the next 12 months. For example, in November 2005, â€˜red Decemberâ€(tm) refers to December 2006.
Registration Eligibility Decision; When the United States Environmental Protection Agency (US EPA) completed the review and risk management decision for a pesticide that is subject to reregistration (that is, one initially registered before November 1984), the Agency generally issues a Reregistration Eligibility Decision or RED document. The RED summarizes the risk assessment conclusions and outlines any risk reduction measures necessary for the pesticide to continue to be registered in the United States.