# CME approves variable storage rate for KC HRW Wheat Futures Authors:

> The CME Group intends to introduce a variable storage rate for KC HRW wheat futures from March 18, 2018, subject to CFTC approval. The mechanism raises or lowers maximum storage charges depending on the March-May spread, and an observation period runs from December 2017 to February 2018.

- Date: 2017-04-25 · published 2017-04-25T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/71545-cme-approves-variable-storage-rate-for-kc-hrw-wheat-futures-authors
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

The change affects delivery convergence and storage economics for HRW wheat but has no immediate effect on current supply or prices.

## Read by commodity

- KWHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| KWHEAT | 2018-09-11 | [Wheat still ‘Russian’ out the ports - Grain Central](https://feedsoft.ai/events/62872-wheat-still-russian-out-the-ports-grain-central.md) | +1.8% | +2.7% |
| KWHEAT | 2020-11-10 | [U.S. Wheat Associates Submits Comments on International Trade Barriers to USTR - U.S. Wheat Associates](https://feedsoft.ai/events/50114-u-s-wheat-associates-submits-comments-on-international-trade-barriers-to-ustr-u.md) | +1.0% | -2.9% |
| KWHEAT | 2021-01-26 | [Sask Wheat says grain markets are uncertain this week \| 620 CKRM - The Voice of Saskatchewan \| Harvard Media](https://feedsoft.ai/events/49179-sask-wheat-says-grain-markets-are-uncertain-this-week-620-ckrm-the-voice-of.md) | -0.3% | +2.2% |
| KWHEAT | 2018-10-14 | [USDA report has mixed impact - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/62483-usda-report-has-mixed-impact-agweek-1-source-for-agriculture-news-farming.md) | -1.5% | -7.0% |
| KWHEAT | 2025-05-20 | [Govt to review situation on availability and global demand before any nod to wheat exports](https://feedsoft.ai/events/24622-govt-to-review-situation-on-availability-and-global-demand-before-any-nod-to.md) | +0.3% | +4.8% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/cme-approves-variable-storage-rate-for-kc-hrw-wheat-futures

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