.jpg)
CME Group, the world's largest and most diverse exchange, today announced that, effective February 12, pending CFTC approval, daily price limits in Wheat futures and options contracts as well as Mini-sized Wheat futures contracts will be increased from $0.30 per bushel to $0.40 per bushel.
The price limit increases are necessary to align the company's Wheat contract price limits with those of the Minneapolis Grain Exchange and Kansas City Board of Trade. All three markets serve North American grain market participants worldwide. The company's action to align price limits is designed to benefit customers who would incur additional market risk from differing price limits among these exchanges.
