(AGENPARL) – CHICAGO (ILLINOIS), mer 28 ottobre 2020
Since launching on September 21, South American Soybean futures volume has continued to grow. A month into trading, open interest has reached over 300 contracts and average daily volume (ADV) has increased to 102 contracts. Market participants from across the globe have started to capitalize on trading opportunities provided by this new contract.
- A more effective hedge for South American producers, exporters, and importers of Brazilian soybeans ‒ as it reflects export price at the Port of Santos
- An opportunity to trade the spread between North American and South American soybeans, and effectively, the South American soybean basis
- Available for screen trading on CME Globex or block trade reporting via CME ClearPort
The latest white paper from CME Group researchers, Alison Coughlin and Dominic Sutton-Vermeulen, addresses the relationship between soybean prices in major importing and exporting countries and the usefulness of a cleared South American Soybean futures contract for managing global soybean price risk.
CME Group has a suite of free QuikStrike tools to calculate theoretical prices and Greeks on CME Group Agricultural options, chart volatility, and correlations — and to test strategies in simulated markets.
As hog and pork markets have evolved, producers have diversified the formula contracts used to price their livestock. Cash-settled Pork Cutout futures and options will be complementary to the successful Lean Hog complex, providing the market with the ability to manage risk and discover price throughout the value chain.