MARKETS NEWS
CME's Longer Hours Spur Volatile Prices
Thu Aug 15, 2013 05:32 PM CDT

(Dow Jones) -- Longer trading hours in the U.S. corn futures market have exposed the market to more-violent price swings, according to research by the Federal Reserve Bank of Kansas City.

Exchange operator CME Group Inc.'s controversial move last year to lengthen the trading day for its benchmark agricultural markets has led to "brief shocks" to prices around the release of key U.S. government crop reports, which previously came out when markets were closed, according to the Kansas City Fed paper.

CME's move to extend grain-trading hours in June 2012 ignited protests among agribusiness companies and floor traders, who feared ...

Quick View
  • Prepping for a Pest USDA has released a new set of pest response guidelines for Helicoverpa armigera, the voracious g...
  • Racing the Clock For Brian Marshall, the clock starts the minute a new calf hits the ground. Within the first four...
  • Hay Baling Safety Important Looking at it as a sporting event, mid-July is the halftime of the hay baling season in most of t...
  • Study Your Farm Bill Options Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • Klinefelter: By the Numbers Peak prices since 2007 didn't slow megafarm consolidation. Mid-size operators may need to collabo...
  • Corn's Hidden Highways Scientists are rewriting the route to better hybrids.
  • Ask the Vet Before implanting heifers that will be bred, consult with a veterinarian to be sure fertility won...
Related News Stories
DTN Closing Grain Comments
DTN's Quick Takes
DTN Midday Livestock Comments
Newsom on the Market
DTN Midday Grain Comments
DTN Before The Bell Grain Comments
DTN Early Word Opening Livestock
DTN Early Word Grains
DTN Technically Speaking Blog
Technically Speaking Blog