The Kansas City Board of Trade has lowered its minimum margins for the hard red winter wheat futures contract spread between the old crop and new crop months.
The changes go into effect at the close of business tomorrow. They are as follows:| Hard Red Winter Wheat | Initial | Maintenance | ||
| New Margin | Old Margin | New Margin | Old Margin | |
| Old Crop/New Crop Spread | $400 | $1000 | $400 | $1000 |
| KCBT Floor Trader | 0 | 0 | 0 | 0 |
