The Commodity Futures Trading Commission (CFTC) approved the implementation of Variable Storage Rates (VSR) for CBOT Wheat futures contracts effective with the July 2010 contract. Evaluation of the July 2010 – September 2010 spread relative to financial full carry will begin Wednesday, May 19, 2010. CME Group will publish the daily results of VSR spreads relative to financial full carry on their Web Site at:
www.cmegroup.com/vsr
For the full Special Executive Report, please click here (PDF).