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

> CBOT and CME reset daily price limits for grain, oilseed and lumber futures effective November 1, 2023. Corn limit falls to 35 cents, soybeans to 95 cents, soybean meal to $25 per ton, and Chicago and Kansas City wheat to 50 cents. Oats rise to 30 cents.

- Date: 2023-10-31 · published 2023-10-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/33698-cme-announces-resetting-of-price-limits-for-grain-oilseed-lumber
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Oats](https://feedsoft.ai/c/OATS.md)

## Why it matters

Lower daily price limits change trading volatility mechanics but do not themselves signal a supply or demand shift for feed grains and meals.

## Read by commodity

- SBM: neutral
- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2023/10/31/cme-announces-resetting-price-limits-2

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