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KCBT Wheat Margins Change - KCBT Raises HRW Wheat Margin Requirements

Date 29/03/2005

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 $750 $625 $600 $500
Hedge $600 $500 $600 $500
Omnibus Account $600 $500 $600 $500
Member For Own Account $600 $500 $600 $500