• Variable Storage Rate (VSR) Results for Wheat and KC HRW Wheat Premium (Storage) Rates

      • To
      • Members, Member Firms and Market Users
      • From
      • Research and Product Development
      • #
      • SER-8285
      • Notice Date
      • 27 November 2018

    • The Variable Storage Rate (VSR) mechanism in The Board of Trade of the City of Chicago, Inc. (“CBOT”):

      (1)  Wheat futures contract (CME Globex Code: ZW; Clearing and CME ClearPort Code: W; Rulebook Chapter: 14); and

      (2)  KC HRW Wheat futures contract (CME Globex Code: KE; Clearing and CME ClearPort Code: KW; Rulebook Chapter: 14H)

      examines nearby calendar spreads to determine adjustments in maximum contract premium (storage) rates.  Below are the results of the December 2018 – March 2019 calendar spread relative to financial full carry during the period of September 19, 2018 through November 23, 2018.

      Questions may be directed to Dominic Sutton-Vermeulen in Research and Product Development (312-715-6145 or Dominic.Sutton-Vermeulen@CMEGroup.com). 

      Please click here for PDF of SER-8285.

      Variable Storage Rate (VSR) Results for Wheat and KC HRW Wheat Premium (Storage) Rates

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