Kub's Den
Elaine Kub Contributing Analyst
Wed Jun 24, 2015 10:25 AM CDT

A corn plant in late June -- whether it's standing proudly in the sunshine or gasping for oxygen in the middle of a puddle -- doesn't know whether its hoped-for grains have been hedged via a futures contract traded by a human being physically present at the Chicago Board of Trade, or via a futures contract simply transacted with a few clicks of a button through a computer system. And for the most part, the corn plant's farmer shouldn't care.

The CME Group will be switching all its grain and oilseed futures trading over to electronic-only transactions, presumably starting July ...

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