Australian Dollar Wheat Swaps

Gain Exposure to U.S. Soft and Hard Red Winter Wheat Markets

Australian Dollar (AUD) Wheat Swap contracts offer two new centrally cleared over-the-counter (OTC) tools to the global wheat industry. Trades are submitted through CME ClearPort and cleared by CME Clearing, substantially mitigating counterparty risk for customers on both sides of the transaction.

Based on the CBOT Soft Red Winter (SRW) and KCBT Hard Red Winter (HRW) Wheat futures contracts, AUD Wheat Swap contracts facilitate hedging for Australian market participants currently using these global wheat benchmarks to manage risk. Because the contracts are denominated in AUD, they mitigate the need to manage the currency risk typically associated with the hedge.

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