CME Group

CME Group announced last week the launch of Canadian Wheat futures on June 13, pending regulatory review. The contract offers market participants a new tool to directly manage exposure to the Canadian wheat market. Tim Andriesen, Managing Director of Agricultural Products at CME Group, said, “Canada is the world's second largest producer of spring wheat and is one of the world's top wheat export

As farmers are now planning for the year ahead, many are continuing to grapple with some of the challenges from last year, which offered more than one whipsaw event for producers to navigate. Tim Andriesen, Managing Director of Agricultural Products at CME Group says his biggest takeaway from 2021 is that price risk isn’t going away anytime soon. ...

CME Group announced this week it will not reopen its physical trading pits that were closed last March due to the outbreak of the COVID-19 pandemic. This includes the trading pits for corn, wheat, soybeans and other ag commodities. Contracts for ag commodities will be traded only electronically ...

CME Group recently began publishing a new Boxed Beef Index. The index is designed to provide the beef industry with better price discovery. CME Group’s Tim Andriesen said the idea for the index started with the Port Cutout futures and options launched late last year. ...

What long-term impact could we see on the farm economy from the struggles of 2020? Tim Andriessen of CME Group said volatility in the commodity markets  this year may continue in some areas next year. "A positioning of the global grain markets that we don't have the excessive supplies that  we thought we do. Which me ...

On September 17th, CME Group and Nasdaq announced plans to launch the first-ever water futures contract based on the Nasdaq Veles California Water Index. Farmers and ranchers know the importance of keeping an eye on grain and livestock futures markets ...

The CME Group physical trading floor will close due to the coronavirus. Much of today’s trade is done electronically. Trade on the floor will end at the close of Friday’s trading session, and all trading will take place on the GME Globex. CME Group ...

The National Cattlemen’s Foundation is now accepting applications for 2020-2021 beef industry scholarships sponsored by CME Group.  Announced this week, the ten scholarships of $1,500 each will be awarded to students pursuing careers in the beef industry.   T...