Chicago Board of Trade: Proposed Amendments to the Wheat, Oats, and Soybean Futures Contracts Modifying Certain Delivery Specifications of the Wheat Futures Contract, Amending Rules Governing Load Out Against Warehouse Receipts for Wheat and Oats and Shipping Certificates for Corn and Soybeans, and Revising the Last Trading and Delivery Days for the Oats and Wheat Futures Contracts

摘要

The Chicago Board of Trade (CBT or Exchange) has submitted proposed amendments to its wheat futures contract which will modify the locational price differentials for delivery at Toledo and St. Louis, change the quality price differentials for U.S. No. 1 and U.S. No. 2 grade northern spring wheat, and reduce the speculative position limits for the March and May contract months during the last five trading days. In additional, the Exchange is proposing amendments that will modify the load-out provisions for the wheat, corn, oats and soybean futures contracts and which will change the last trading day and the last delivery day for all contract months for the wheat and oats futures contracts. The Commission has determined to request pubic comment on the proposed amendments based upon its finding that the proposed amendments are of major economic significance within the meaning of section 5a(a)(12) of the Commodity Exchange Act (Act) and that their publication is in the public interest and will assist the Commission in considering the views of interested persons.