Futu News, March 7, according to documents disclosed by the Chicago Mercantile Exchange (CME) on March 4, the Chicago Mercantile Exchange (CBOT), a subsidiary of the group, will expand the daily price limit for wheat futures until May this year regularly resets the daily price limit.
The new daily limit of 85 cents per bushel is higher than the current limit of 50 cents, and the expanded limit will be extended to 130 cents from the current 75 cents. The targets of the four wheat futures are$Wheat main Company (2205) (ZWmain.US) $、Kansas wheat main company (2205) (KEmain.US) $、Mini wheat main company (2207) (XWmain.US) $And mini Kansas wheat main company (MKCmain.US).
If at least two non-spot contracts or May contracts are settled by hitting the limit on the same day, the price limit for all contracts will be extended to 130 cents on the second day. If all contracts are settled at prices within the daily limit, all contracts will return to the original limit of increase or decline (85 cents) on the second trading day. There is no daily price limit for spot contracts on the first trading day of the month.
