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KCBT Wheat Futures Margin Change - Margins Raised Due To Increased Volatility

Date 22/02/2006

The Kansas City Board of Trade has raised its minimum margins for wheat futures contracts. The changes, effective tomorrow, come as a result of increased market volatility and are as follows:

Hard Red Winter Wheat Initial Maintenance
New Margin Old Margin New Margin Old Margin
Speculative $825 $625 $660 $500
Hedge $660 $500 $660 $500
Omnibus Account $660 $500 $660 $500
Member For Own Account $660 $500 $660 $500