• Removal of Condition of Force Majeure Declaration at Wheat Shipping Stations

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-8114
      • Notice Date
      • 12 March 2018
      • Effective Date
      • 12 March 2018
    • On February 27, 2018, The Board of Trade of the City of Chicago, Inc. (“CBOT” or “Exchange”) declared a condition of Force Majeure for Wheat shipping stations because a majority of the Exchange approved regular facilities on the Ohio River were unable to load due to high water levels and/or flooding. (See SER-8106).

      The Ohio River currently allows for a majority of Exchange approved regular Wheat shipping stations to load barges. Effective immediately, the declaration of Force Majeure invoked on February 27, 2018, is no longer in effect.

      Click HERE for full advisory.