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RPT-Death of Chicago's grain options pits hits traders as crop prices soar

5/6/2021 By Tom Polansek and Julie Ingwersen CHICAGO, May 5 (Reuters) - U.S. grain brokers and analysts on Wednesday lamented CME Group Incs decision to permanently end open-outcry options trading at a time when crop prices are surging, saying that pit traders could help navigate volatile markets. The owner of the Chicago Board of Trade (CBOT) on Tuesday said it will never reopen physical trading pits it shut last March due to the COVID-19 pandemic, though a Eurodollar options pit will remain o...
Chicago Board Of Trade United States Tom Polansek Matthew Lewis Julie Ingwersen Caroline Stauffer

Death of Chicago's grain options pits hits traders as crop prices soar

5/5/2021 By Tom Polansek and Julie Ingwersen CHICAGO, May 5 (Reuters) - U.S. grain brokers and analysts on Wednesday lamented CME Group Incs decision to permanently end open-outcry options trading at a time when crop prices are surging, saying that pit traders could help navigate volatile markets. The owner of the Chicago Board of Trade (CBOT) on Tuesday said it will never reopen physical trading pits it shut last March due to the COVID-19 pandemic, though a Eurodollar options pit will remai...
Chicago Board Of Trade United States Tom Polansek Matthew Lewis Julie Ingwersen Caroline Stauffer

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Managing risk isn't always about protecting price

iStock/Getty Images The market we are in is not typical and there are risks from the market going higher. Suggested Event Jun 15, 2021 to Jun 17, 2021 Typically, my time spent writing this blog will involve explaining our perception of the corn and soybean balance sheets, spotting actionable patterns in the market, or proposing methods to consider for managing farm profitability. But nothing is typical about the market we are currently dealing with and there are othe...
July Dec Agmarket Net Brian Splitt ஜூலை டெக்

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