KCBT Raises HRW Wheat Minimum Margins For Inter-Crop Year Spreads

Date 24/04/2012

The Kansas City Board of Trade has raised its minimum margins for the hard red winter wheat futures contract and wheat calendar swaps inter-crop year spreads. The changes go into effect on business date April 24. They are as follows:

Hard Red Winter Wheat	Initial		Maintenance
	New Margin	Old Margin	New Margin	Old Margin
Inter-Crop Year Spread	$600	$400	$600	$400

Wheat Calendar Swaps	Initial		Maintenance
	New Margin	Old Margin	New Margin	Old Margin
Inter-Crop Year Spread	$600	$400	$600	$400