Tuesday, October 14, 2008

ICE Delisting Feed Wheat as of Thursday

Thursday will be the last day feed wheat will be offered ICE Futures Canada exchange, as the October 2008 contract on Thursday will be the last offered.

In place of the feed wheat contract, which simply drew little interest, the InterContinental Exchange (ICE), parent of ICE Futures Canada, suggests the transition to western barley futures instead, which closely mirror the Canadian domestic feed wheat market. It could be used as a hedge in place of feed wheat, suggests ICE.

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