KCBT Raises Minimum Margins For HRW Wheat Old Crop/New Crop Spreads

Date 16/07/2012

The Kansas City Board of Trade has raised its minimum margins for the hard red winter wheat futures contract and wheat calendar swaps old crop/new crop spreads.

The changes go into effect today. They are as follows:

Hard Red Winter Wheat	Initial		Maintenance
	New Margin	Old Margin	New Margin	Old Margin
Old Crop/New Crop Spread	$1000	$600	$1000	$600

Wheat Calendar Swaps	Initial		Maintenance
	New Margin	Old Margin	New Margin	Old Margin
Old Crop/New Crop Spread	$1000	$600	$1000	$600