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KCBT Wheat Futures Margin Change - Margins Increased Due To Increased Volatility

Date 18/04/2006

The Kansas City Board of Trade has raised its minimum margins for wheat futures contracts. The changes, effective today, 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 $1125 $950 $900 $760
Hedge $900 $760 $900 $760
Omnibus Account $900 $760 $900 $760
Member For Own Account $900 $760 $900 $760