# Hedging Opportunities Using Black Sea Wheat Futures  - Benzinga

> CME Group's Platts Black Sea Wheat futures and options traded 90,000 lots in the first four months of 2020, up 70% year on year. Open interest rose 90% to over 27,000 lots by the end of April. The article explains how the contract can be used to hedge Black Sea wheat exposure.

- Date: 2020-05-12 · published 2020-05-12T12:00:00.000Z
- Category: market · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/52980-hedging-opportunities-using-black-sea-wheat-futures-benzinga
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Growing liquidity in Black Sea wheat contracts improves price discovery and hedging for exporters and importers. It does not, by itself, move wheat prices.

## Sources

- benzinga.com: https://www.benzinga.com/fintech/20/05/16011297/hedging-opportunities-using-black-sea-wheat-futures

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