September 2020 International Grains Update

Source: CME Group

Source: CME Group

Source: CME Group

Black Sea wheat option strike/ expiry month: Open Interest as of August 31st, 2020

Black Sea Corn futures (BCF) in August traded 2, 802 lots; open interest (across F&O) of 4,102 lots at month-end

Source: CME Group

Source: CME Group

Neither futures trading nor swaps trading are suitable for all investors, and each involves the risk of loss. Swaps trading should only be undertaken by investors who are Eligible Contract Participants (ECPs) within the meaning of Section 1a(18) of the Commodity Exchange Act. Futures and swaps each are leveraged investments and, because only a percentage of a contract's value is required to trade, it is possible to lose more than the amount of money deposited for either a futures or swaps position. Therefore, traders should only use funds that they can afford to lose without affecting their lifestyles and only a portion of those funds should be devoted to any one trade because traders cannot expect to profit on every trade. All references to options refer to options on futures.

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