Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   

Agricultural News


CME Group Announces Reduced Grain and Oilseed Trading Hours in Response to Customer Outreach

Tue, 05 Mar 2013 12:50:00 CST

CME Group Announces Reduced Grain and Oilseed Trading Hours in Response to Customer Outreach
CME Group announced it will reduce grain and oilseed trading hours following comprehensive outreach to producers, commercial customers, traders and other industry participants who manage their risk in its markets. Pending CFTC review, trading in CBOT grain and oilseed and KCBT markets will be amended from the current 21 hours, both on the floor and via its CME Globex electronic trading platform, for the Monday, April 8, 2013, trade date.


"Over the past several months, we have received significant customer feedback about the current CBOT grain trading hours," said Tim Andriesen, Managing Director, Agricultural Commodities and Alternative Investments, CME Group. "As a result, we engaged our customers more formally through one-on-one conversations, focus groups and an online survey, which attracted more than 4,000 responses, to determine what hours best meet their needs. While there were varying opinions about what the modifications to hours should be, we believe these changes balance the needs of our diverse global customers based on their feedback."


Beginning April 8, electronic and floor trading hours for CBOT Corn, Soybeans, Wheat, Soybean Meal, Soybean Oil, Rough Rice, Oats, and KCBT Wheat futures and options, plus all related CBOT and KCBT calendar spread options and inter-commodity spread options, will be amended as follows:


--Sunday to Friday, electronic trading from 7:00 p.m. to 7:45 a.m. CT

--Monday to Friday, break in electronic trading from 7:45 a.m. to 8:30 a.m. CT

--Monday to Friday, floor and CME Globex trading from 8:30 a.m. to 1:15 p.m. CT


Daily settlements for CME Globex and floor trading of these products will be based on market activity at or around 1:15 p.m. CT each day. Mini-Sized Corn, Mini-Sized Soybeans and Mini-Sized Wheat will continue to trade on CME Globex and on the floor until 1:45 p.m. CT.




   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • NMPF Statement on White House Conference on Hunger, Nutrition and Health  Wed, 28 Sep 2022 12:10:10 CDT
  • OSU Researchers Studying Producer Interest in Crop Insurance  Wed, 28 Sep 2022 12:07:02 CDT
  • 5 State Beef Conference Comes to Beaver, Oklahoma on October 4   Wed, 28 Sep 2022 11:29:11 CDT
  • USDA's Proposed Regulations Under the Packers and Stockyards Act Raises Concerns from NCBA  Wed, 28 Sep 2022 09:25:18 CDT
  • NCGA Calls on Farmers to Contact EPA Regarding Atrazine  Wed, 28 Sep 2022 09:16:46 CDT
  • USMEF Statement on Advancement of Under Secretary for Trade Nomination  Wed, 28 Sep 2022 09:12:48 CDT
  • Record Turkey Prices Expected as Thanksgiving Approaches  Wed, 28 Sep 2022 09:10:50 CDT
  • Checkoff-Funded Research Network Celebrates 35-year Anniversary  Wed, 28 Sep 2022 09:07:52 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Oklahoma City Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.
       

       

    Search OklahomaFarmReport.com

    © 2008-2022 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.