Tuesday, 10 May 2011

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CME downsizes corn futures expansion in wake of industry complaints

  • Tuesday, 10 May 2011
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  • CME Group Inc. has scaled back a plan to expand the daily trading limits for its corn futures contract in the wake of grain industry complaints that the move would make an already-volatile market subject to even greater price swings. The proposed trading limit expansion was reduced to 40 cents from 50 cents in a proposal CME announced in late April, the Chicago-based exchange operator said in a



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