Articles tagged under: CME Group

CME Group to Add Spring Wheat Contract

Published January 9, 2025

The CME Group plans to compete head-to-head against the Minneapolis Grain Exchange with a spring wheat contract. The Chicago Board of Trade already trades soft red winter wheat and hard red winter wheat. This new contract will be launched in…

Top StoriesLatest NewsMarketsAg Business

Ricci Joins CME Group Leadership

Published June 4, 2024

The CME Group has named John Ricci as its managing director and global head of agricultural products. Ricci will be responsible for leading the development, execution and management of the exchange’s agricultural business. Ricci has 25 years of experience in…

Latest NewsAg Business

Optimism for the Future

Published July 7, 2023

Farmer sentiment rebounded this past month after a sharp fall in the CME Group and Purdue University Ag Economy Barometer in May. In May, 44 percent of the farmers surveyed expected their farm’s financial situation to decline in upcoming year.…

Latest News

CME Group Expands Wheat Trading Limits

Published March 5, 2022

Starting Monday, the CME Group is expanding trading limits for wheat contracts. This includes Chicago wheat and Kansas City winter wheat. The daily price limit will change the daily price limit to 85 cents per bushel and the expanded price…

Top StoriesLatest NewsMarkets

CME Group in Court With Former Traders

Published December 13, 2021

A legal battle between the CME Group and thousands of traders is continuing. This lawsuit claims the move to the electronic trading platform in 2012 negatively impacted the value of CME membership. The CME Group unsuccessfully tried to have the…

Latest NewsMarketsAg Business

Rising Input Costs Concerns Show in Farmer Survey

Published October 6, 2021

The September Purdue University/CME Group Ag Economy Barometer continues to show a decline in farmer sentiment, with producers feeling less optimistic about current and future economic conditions. Part of that decline is due to rising input costs. "This month, more…

Top StoriesLatest NewsAg Business

Floor Trading Will Not Resume in Chicago

Published May 5, 2021

The CME Group is permanently closing most of its open outcry trading pits in Chicago. Due to the pandemic, most trading pits closed on a temporary basis in March of 2020 and won’t reopen.

Latest NewsMarketsAg Business

Boxed Beef Index Hopes to Provide Better Price Discovery

Published March 16, 2021

The CME Group is now publishing a new Boxed Beef Index to provide the industry with better price discovery. CME Group managing director Tim Andriesen says the index reflects a daily, weighted average price of beef cuts and is based…

Top StoriesLatest NewsMarketsLivestock

CME Group to Boost Spec Trading Limits

Published March 11, 2021

The CME Group is expanding speculative position limits. Van Ahn and Company CEO Jim Emter is concerned with the increase in volatility that will go with the increase in positions held by traders. "We're concerned this will bring greater transparency…

Top StoriesLatest NewsMarkets

April Ag Economy Barometer Highlights Low Producer Sentiment

Published May 6, 2020

Producer sentiment dropped to a three-year low in the latest Purdue University - CME Group Ag Economy Barometer. For April, the barometer reads 96. That's the first time the barometer has fallen below 100 since October 2016. According to Purdue…

Top StoriesLatest NewsMarkets