# CME Announces Resetting of Price Limits for Grain, Oilseeds, Lumber

> CBOT reset daily price limits for grain and oilseed futures effective for the May 1 trade date. Corn limits fall from 35 to 30 cents per bushel, oats from 30 to 25 cents, and soybeans from 95 to 85 cents.

- Date: 2024-04-29 · published 2024-04-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30789-cme-announces-resetting-of-price-limits-for-grain-oilseeds-lumber
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Oats](https://feedsoft.ai/c/OATS.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower price limits reflect reduced volatility in grain futures and do not themselves change supply or demand, though they can constrain daily price moves.

## Read by commodity

- SBM: neutral
- SBO: neutral
- SOY: neutral
- CORN: neutral
- OATS: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2024/04/29/cme-announces-resetting-price-limits

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.