Article: CFTC approves oat futures trading on Minneapolis Grain Exchange. (Commodity Futures Trading Commission)

CFTC APPROVES OAT FUTURES TRADING ON MINNEAPOLIS GRAIN EXCHANGE

MINNEAPOLIS, Sept. 15 /PRNewswire/ -- The Commodity Futures Trading Commission (CFTC) has approved oats futures trading on the Minneapolis Grain Exchange. The contract, which is a modification of the previous oats futures contract traded on the Exchange in 1917, calls for No. 1 oats and No. 2 heavy oats. The opening date for trading will be set by the Exchange board of directors. The Minneapolis Grain Exchange oats futures contract is distinguishable from the Chicago Board of Trade contract by delivery terms and location.

The five main oats producing states are Minnesota, Wisconsin, ...

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