Using international and domestic futures for local grain marketing

摘要

The Chicago Board of Trade (CBOT) is the major international exchange for wheat futures contracts. To ensure buyers and sellers in a futures market can meet their contractual obligations, they are required to deposit funds in a margin account prior totrading. On CBOT, initial margins are currently US 3000 dollar per contract (these are set by the Futures Exchange and can vary depending on perceived market risk), although your broker will probably ask you for more as a buffer against adverse movements.