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KCBT Announces Increased Wheat Futures Margins - Margins Raised Due To Increased Volatility

Date 08/02/2008

The Kansas City Board of Trade has raised its minimum margins for wheat futures contracts. The changes, effective at the close of business on Monday, February 11, come as a result of increased market volatility and are as follows:

Hard Red Winter Wheat Initial Maintenance
New Margin Old Margin New Margin Old Margin
Speculative $4050 $1875 $3000 $1500
Hedge $3000 $1500 $3000 $1500
Omnibus Account $3000 $1500 $3000 $1500
Member For Own Account $3000 $1500 $3000 $1500