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KCBT Raises Minimum Margins - Increased Market Volatility Brings Higher Margins

Date 17/05/2006

The Kansas City Board of Trade has raised its minimum margins for wheat futures contracts. The changes, effective tomorrow, 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 $1250 $1125 $1000 $900
Hedge $1000 $900 $1000 $900
Omnibus Account $1000 $900 $1000 $900
Member For Own Account $1000 $900 $1000 $900