• Required Load-Out Rate for Hard Red Wheat

      • From
      • Registrar's Office
      • #
      • MKR06-01-16
      • Notice Date
      • 01 June 2016
      • Effective Date
      • 01 June 2016
    • DATE:                   June 1, 2016

      MKR#:                  06-01-16

      SUBJECT:            Required Load-Out Rate for Hard Red Winter Wheat

      Pursuant to Rule 14H13.D.c., Cargill, Inc.’s Salina, KS facility is now required to load out 50 In-Hopper Cars per day or 250 In-Hopper Cars per week.  Their load-out designation can be found in the chart below from the CBOT Chapter 14H, Rule 14H13.D.a as follows: 

       

      a. Warehouse Receipted Wheat Delivered

      and Not Loaded Out

      Load-Out Requirements In-Hopper Cars Load-Out Requirements In-Hopper Cars
        Daily Weekly
      Up to 3,000,000 Bushels 30 150
      3,005,000 to 4,000,000 40 200
      4,005,000 to 5,000,000 50 250
      Each Like Increment up, Add 10 50

       

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      Spencer McGowan                                         spencer.mcgowan@cmegroup.com                        (312) 435-3662

       

      The Commodity Futures Trading Commission (CFTC) will be notified during the week of June 6, 2016 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.