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Kansas City—July 16, 2012—The Kansas City Board of Trade has raised its minimum margins for the hard red winter wheat futures contract and wheat calendar swaps old crop/new crop spreads.
The changes go into effect today. They are as follows:
| Hard Red Winter Wheat | Initial | Maintenance | ||
| New Margin | Old Margin | New Margin | Old Margin | |
| Old Crop/New Crop Spread | $1000 | $600 | $1000 | $600 |
| Wheat Calendar Swaps | Initial | Maintenance | ||
| New Margin | Old Margin | New Margin | Old Margin | |
| Old Crop/New Crop Spread | $1000 | $600 | $1000 | $600 |
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