CBOE Raises Margin Requirements for Soybeans, Coffee, and Wheat

The CBOE just announced that it is raising initial soybean futures margin requirements to $4,050 per contract, up 20% from $3,375 per contract. The CBOE is also raising initial coffee futures margin requirements to $9,900 per contract, up 50% from $6,600 per contract. In addition, the CBOE is raising initial wheat futures margin requirements to $2,025 per contract, up 7.1% from $1,890 per contract. However, the CBOE is lowering initial corn futures margin requirements to $2,025 per contract, down 14.3% from $2,363 per contract.