WCE Board Of Govenors Reviews Grain Storage Rates In Thunder Bay

The WCE’s Board of Governors reviewed the issue of export terminals in Thunder Bay, Ontario, changing grain storage rates.

The only WCE contract affected is the Domestic Feed Wheat Futures Contract that allows for delivery in Thunder Bay in addition to interior delivery points in western Canada. The Board concluded that changes in grain storage rates at the Thunder Bay delivery point are within the scope of the rules for the Domestic Feed Wheat Futures Contract.

WCE trades futures contracts in: canola, western barley, flaxseed, oats, feed wheat and field peas; and options contracts in: canola, flaxseed, feed wheat and western barley. Established in 1887, Winnipeg Commodity Exchange is a not-for-profit organization providing financial instruments for price discovery and the transference of risk in an efficient and open manner.