Minneapolis Grain Exchange Spring Wheat Speculative Limits Increase On June 10

Speculative limits for wheat futures traded at the Minneapolis Grain Exchange (MGEX), Kansas City Board of Trade (KCBT) and the Chicago Board of Trade (CBOT) have been revised by the Commodity Futures Trading Commission and will go into effect June 10, 2005.

Beginning June 10, MGEX spring wheat single month speculative limits will increase from 3,000 contracts to 5,000 contracts and total position limits will be raised from 4,000 contracts to 6,500 contracts. Spot month limits will remain unchanged at 600 contracts.

For the complete rules and regulations of the Minneapolis Grain Exchange, visit www.mgex.com.