CME Group: Reset CBOT Grain and Oilseed Futures Limits From May 1st
2024-04-24 02:11:26
Gold Ten Futures, April 24. CME Group (CME Group) issued a notice on April 23 that starting from May 1, it will reset the price limit limit for CBOT grain and oilseed futures. This is the first time in 2024 that the price limit limit will be adjusted. The daily price limit for soybeans, corn and wheat futures on the Chicago Board of Trade (CBOT) will be narrowed. Usually, CME will reset the daily limit for grains and oilseeds in May and November each year, referring to the trading rulebook of each trading variety. Specifically: < br > 1. < b > The daily limit for soybean futures will be narrowed from the current 95 cents per bushel to 85 cents ; < br > 2. Corn futures daily limit will be reduced from the current 35 cents per bushel to 30 cents; < br > 3. Soft red winter wheat and KCBT hard red winter wheat futures daily limit will be reduced from the current 50 cents per bushel to 40 cents; < br > 4. Soybean oil futures daily limit will be reduced from the current 4.0 cents per pound to 3.5 cents; < br > 5. Soybean meal futures daily limit will remain unchanged. < br > < img src = "https://flash-scdn.jin10.com/c765cd7a-784a-4ce2-abcd-7061057f7978.png" referrerpolicy = "no-referrer" >
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