CME Group will launch two new wheat spread futures contracts on October 14, pending regulatory review. The CBOT Wheat – Euronext Milling Wheat No. 2 Spread futures contract and the KC HRW Wheat – Euronext Milling Wheat No. 2 Spread futures contract will each be U.S. dollar-denominated in metric tons and based on the spread between either CBOT Wheat futures prices or KC HRW Wheat futures prices and Euronext Milling Wheat No. 2 futures prices. The new spread futures will be listed by and subject to the rules of CBOT.
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