• Approved Applications for Increase in Soybean Meal and Oil Regularity

      • From
      • Registrar's Office
      • #
      • MKR10-27-22
      • Notice Date
      • 27 October 2022
      • Effective Date
      • 27 October 2022
    • DATE:                  October 27, 2022

      MKR#:                 10-27-22

      SUBJECT:            Approved Applications for Increase in Soybean Meal and Oil Regularity

       

      The Exchange has approved the applications for an increase in Soybean Meal regularity for Cargill, Inc. at their facilities below.  The following chart provides the facilities, current daily rate of loading (in tons per day), current maximum allowable certificates, approved daily rate of loading (in tons per day) and approved maximum allowable certificates.   

       

      Facility

      Current Daily Rate of Loading

      Current Maximum Number of Shipping Certificates

      Approved Daily Rate of Loading

      Approved Maximum Number of Shipping Certificates

      Bloomington, IL

      1,000

      162

      1,000

      186

      Iowa Falls, IA

      1,500

      231

      1,500

      261

      Sioux City, IA

      2,000

      340

      3,750

      602

       

      The Exchange has approved the applications for an increase in Soybean Oil regularity for Cargill, Inc. at the facilities below.  The following chart provides the facilities, current capacity (in pounds), current maximum allowable receipts, approved capacity (in pounds) and approved maximum allowable receipts.

       

      Facility

      Current Capacity

      Current Maximum Number of Warehouse Receipts

      Approved Capacity

      Approved Maximum Number of Warehouse Receipts

      Lafayette, IN

      9,000,000 lbs

      150

      10,364,000 lbs

      172

      Bloomington, IL

      3,900,000 lbs

      65

      6,750,000 lbs

      112

       

      These increases are effective immediately.                    

       

      Market Surveillance

      Kyle Miller                                      Kyle.Miller@cmegroup.com                                     (312) 341-3436

      The Commodity Futures Trading Commission (CFTC) will be notified of these increases in Soybean Meal and Oil regularity during the week of October 31, 2022, via the weekly notification procedures set out in Part 40 of the CFTC Regulations.