• HIGHER PREMIUM (STORAGE) RATES TRIGGERED IN MAY FOR WHEAT

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5732
      • Notice Date
      • 25 April 2011
      • Effective Date
      • 18 May 2011

    • The Variable Storage Rate (VSR) concept in Chicago Board of Trade (CBOT) Wheat futures examines nearby calendar spreads to determine adjustments in contract premium (storage) charges. The May – July wheat calendar spread averaged 96.6% of financial full carry during the period of March 21, 2011 through April 21, 2011. Since this result is greater than 80% of financial full carry, the maximum premium charge that a wheat regular delivery facility may charge holders of its outstanding shipping certificates will increase from 56.5/100s of one cent per bushel per day (approximately 17 cents per bushel per month) to 66.5/100s of one cent per bushel per day (approximately 20 cents per bushel per month) effective May 18, 2011.

      For the full Special Executive Report, please click here (PDF).

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2025 CME Group Inc. All rights reserved.