News Release

CME Group Executive Chairman to Discuss Agricultural Commodity Pricing at Congressional Hearing

Mon Jun 16 2008

CHICAGO, June 16 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives exchange, announced that CME Group Executive Chairman Terry Duffy will discuss with U.S. Senators on Tuesday agriculture commodity markets to explain facts and share data on CME Group's agriculture futures contracts.

"CME Group is happy to work with legislators to explain how our markets operate, the critical need they serve in providing benchmark agriculture prices for the world, the fundamental factors that are impacting the marketplace and data on who trades our products," Duffy said. "CME Group congratulates Congress on taking such a timely interest in these markets that affect all of our lives. In the last week alone rains have deluged acres of recently planted corn fields, drowning crops and making it difficult to plant new ones so late in the planting season. As a result, prices in corn have hit all-time highs."

The hearing is scheduled for 10:30 a.m. Tuesday in the Dirksen Senate Office Building. The Senate Appropriations Subcommittee on Financial Services and General Government and the Senate Committee on Agriculture, Nutrition and Forestry are jointly hosting the session.

CME Group ( is the world's largest and most diverse derivatives exchange. Formed by the 2007 merger of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT), CME Group serves the risk management needs of customers around the globe. As an international marketplace, CME Group brings buyers and sellers together on the CME Globex electronic trading platform and on its trading floors. CME Group offers the widest range of benchmark products available across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, agricultural commodities, and alternative investment products such as weather and real estate. CME Group is traded on the New York Stock Exchange and NASDAQ under the symbol "CME".

The Globe logo, CME, Chicago Mercantile Exchange, CME Group, Globex and E-mini, are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago. All other trademarks are the property of their respective owners. Further information about CME Group and its products can be found at



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