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KCBT Changes Margins For Wheat Futures Contracts - Margins Raised Due To Increased Volatility

Date 26/02/2008

The Kansas City Board of Trade has raised its minimum margins for the hard red winter wheat futures contract. The changes come as a result of increased market volatility.

The changes go into effect at the close of business today. They are as follows:

Hard Red Winter Wheat Initial Maintenance
New Margin Old Margin New Margin Old Margin
Speculative $5625 $3750 $4500 $3000
Hedge $4500 $3000 $4500 $3000
Omnibus Account $4500 $3000 $4500 $3000
Member For Own Account $4500 $3000 $4500 $3000