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 On Wednesday, January 17, 2001, the Clearing House Performance Bond staff reviewed price volatility statistics for the Live Cattle contracts and approved the performance bond requirements described below.  These requirements will become effective on Monday, January 22, 2001.

 Agricultural Futures Outright Rates

 Live Cattle (LC)

Rate Type	Change	Current Initial	Current Maintenance	New Initial	New Maintenance
Spec	Increase	$540	$400	$675	$500
Hedge/Member	Increase	$400	$400	$500	$500
Delivery Month - Spec	Increase	$540	$400	$675	$500
Delivery Month - Hedge/Member	Increase	$400	$400	$500	$500