Effective Wednesday, April 30, 2014 for trade date Thursday, May 1, 2014, the Board of Trade of the City of Chicago, Inc. (CBOT or Exchange) will apply variable price limits for grain and oilseed futures as described below. Also effective at the same time, the Exchange will remove price limits for all grain and oilseed options. These amendments were approved by the Commodity Futures Trading Commission on April 18, 2014.
The new futures price limits are shown in the table below and will remain in effect until the first trading day in November 2014.
Effective Wednesday, April 30, 2014 for trade date Thursday, May 1, 2014, the Board of Trade of the City of Chicago, Inc. (CBOT or Exchange) will apply variable price limits for grain and oilseed futures as described below. Also effective at the same time, the Exchange will remove price limits for all grain and oilseed options. These amendments were approved by the Commodity Futures Trading Commission on April 18, 2014.
The new futures price limits are shown in the table below and will remain in effect until the first trading day in November 2014.