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CME reset daily price limits for grain, oilseed and lumber futures effective May 1, 2022. Corn's limit rises from 35 to 50 cents per bushel, soybeans from 90 cents to $1.15, and soybean meal from $25 to $30 per ton, while Chicago and Kansas City wheat limits fall from 85 to 70 cents.
Wider limits allow larger daily price moves in volatile markets, which raises short-term price risk for feed buyers hedging corn, soybean meal and oats.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
