CME Group announced last week that it is revising daily price limits for grains following a semiannual review. The new limits will go into effect on May 1.
The corn daily limit will remain unchanged at 25 cents/ bu., while the limit for soybeans will increase from 60 cents/bu. to 65 cents/bu. Daily limits for Chicago Board of Trade (CBOT) wheat and Kansas City hard red winter wheat will remain unchanged at 35 cents/bu.
CME also left the soybean meal limit unchanged at $20 pe
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