DATE:                   December 18, 2024

MKR#:                  12-18-24B

SUBJECT:            Approved Applications for Soybean Meal and Soybean Oil Regularity

 

The Exchange has approved the applications of Platinum Crush, LLC for a declaration of regularity in Soybean Meal and Soybean Oil at their location in Alta, IA.  The approved daily rate of loading, maximum certificates, storage capacity, and maximum warehouse receipts that could be issued are as follows:

 

Facility

Alta, IA

Soybean Oil Storage Capacity

13,500,000 pounds

Maximum Soybean Oil Warehouse Receipts

225

Facility

Alta, IA

Soybean Meal Daily Rate of Loading

1,400 tons

Maximum Soybean Meal Shipping Certificates

340

 

Platinum Crush, LLC has designated R.J. O’Brien & Associates, LLC as its clearing agent. The warehouse code for the Alta, IA facility is 2465.

 

Approval is effective immediately.

 

Market Surveillance

 

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

 

The Commodity Futures Trading Commission (CFTC) will be notified of this declaration of regularity during the week of December 23, 2024 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.

 

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