# CME expands Friday limits for CBOT, KC wheat futures in 'unprecedented' market

> CME widened daily price limits for Chicago soft red winter and Kansas City hard red winter wheat futures to 75 cents a bushel for Friday's trade, after both March and May contracts hit the normal 50-cent limit on Thursday. Limits revert to 50 cents on Monday unless another limit move occurs.

- Date: 2022-02-24 · published 2022-02-24T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/42749-cme-expands-friday-limits-for-cbot-kc-wheat-futures-in-unprecedented-market
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Expanded limits signal extreme volatility and a sharp price move in wheat, which raises hedging costs and price risk for feed buyers.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/article/markets/commodities/cme-expands-friday-limits-for-cbot-kc-wheat-futures-in-unprecedented-market-idUSL1N2UZ2SG/

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