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KCBT Lowers Minimum Margins For Wheat - Change To Take Place At Close Of Trading Today

Date 20/09/2006

The Kansas City Board of Trade has lowered its minimum margins for wheat futures contracts. The changes, effective at the close of trading today, come as a result of decreased market volatility and are as follows:

Hard Red Winter Wheat Initial Maintenance
New Margin Old Margin New Margin Old Margin
Speculative $875 $1250 $700 $1000
Hedge $700 $1000 $700 $1000
Omnibus Account $700 $1000 $700 $1000
Member For Own Account $700 $1000 $700 $1000