CBOT will reset price limits for grain and oilseed futures. This is the first of the two price limit resets in 2018 that is stipulated by the variable price limitsmechanism pursuant to each product’s respective CBOT Rulebook Chapter.
The new futures price limits effective are shown in the table below and will remain in effect until the first trading day inNovember 2018. For financially settled (Platts) Black Sea Corn, Black Sea Wheat, and Australian wheat, there shall be no price limits during the contract month; for all others contracts below, there shall be no price limits on the current month contract on or after the second business day preceding the first day of the delivery month. All mini-sized grain and oilseed futures will have the same daily price limits as their corresponding standard-sized futures, and all half month futures will have the same daily price limits as their corresponding standard futures. Contracts with no price data retain their existing daily price limit.