The US Commodities and Futures Trading Commission is asking for public comments on the Chicago Board of Trade’s request to amend its wheat futures contract.
The letter of request, dated September 5, details three main changes to the contract.
First, the CBOT has requested three new wheat delivery territories. It wants shuttle train loading facilities in Northwest Ohio, which will be added at a discount of 20% a bushel, and barge loading facilities on the Ohio River from Cincinnati to the Mississippi River, which will be offered at...