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
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Ample Stocks Ahead Drought recovery in many areas has led to higher stocks, brighter production prospects and modera...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Klinefelter: By the Numbers Deteriorating profit margins flip the fortunes of big renters and conservative owner-operators. I...
  • Training for Sustainability The Hmong American Farmers Association is helping producers who migrated to the United States fol...
  • Ask the Vet What are these crusty scabs on my cattle?
Related News Stories
DTN Closing Grain Comments
DTN's Quick Takes
DTN Midday Livestock Comments
DTN Midday Grain Comments
DTN Before The Bell Grain Comments
The Market's Fine Print
DTN Early Word Opening Livestock
DTN Early Word Grains
Cash Market Moves
DTN Closing Grain Comments