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NYBOT Announces Revisions To Coffee “C” Discount Schedule And Grading Standards

Date 24/02/2005

The New York Board of Trade® (NYBOT®) announced today that effective with the March 2007 Coffee “C”® futures contract, the Exchange is implementing amendments to its Coffee Rules.

The amendments add a new standard for Coffee deliverable under the “C” contract which requires the coffee to be “free from all unwashed flavors”. The amendments also add to the Schedule of Imperfections used in grading Exchange Coffees a new provision that “ten (10) bored beans” shall be counted as one (1) full imperfection.

Additionally, the amendments revise the Schedule of origin differentials by providing that the discount for Burundi coffee shall be 100 points under par, instead of 300 points under par.

Please visit the NYBOT website at www.nybot.com to view the entire coffee rules.

The New York Board of Trade (NYBOT) is New York’s original futures exchange, where the world trades food, fiber and financial products. For well over a century, the New York Board of Trade has provided reliability, integrity and security in a global marketplace for cocoa, coffee, cotton, ethanol, orange juice and sugar, as well as currency and index futures and options. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com.