• GRAIN AND OILSEED REMAINING OLD-CROP MONTHS FOR EXPANSION OF PRICE LIMITS

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-6766
      • Notice Date
      • 25 July 2013
      • Effective Date
      • 25 July 2013
    • Grain and oilseed products traded at the CBOT and KCBT allow for price limits to expand when the remaining contract month in a crop year closes limit bid or limit offer. Below are the remaining old-crop contract months for CBOT and KCBT grain and oilseed futures that can solely trigger expansion of price limits. Please note that these definitions pertain only to expansion of price limits and may not coincide with old- and new-crop spread definitions for margin or position limit purposes.
       

      Commodity
      Remaining Contract Month in a Crop Year that can Trigger Expanded Price Limits
      Corn
      September
      Soybeans
      August
      Soybean Oil
      September
      Soybean Meal
      September
      CBOT SRW Wheat
      May
      KCBT HRW Wheat
      May
      Oats
      May
      Rough Rice
      July

       
       
      Questions may be directed to Fred Seamon (312-634-1587 or Fred.Seamon@CMEGroup.com). 
       
      For media inquiries concerning this Special Executive Report, please contact CME Group Corporate Communications at 312.930.3434 or news@cmegroup.com.

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