Soft Red Wheat Futures and Options are Derivatives Contracts that provide local investors exposure to international wheat prices. The underlying instrument meeting specifications as listed and traded on the Chicago Board of Trade (CBOT), a division of the CME Group. Through this easily accessible product, local investors can effectively hedge against international price risk and identify demand patterns in the global wheat market. Contracts are cash settled in rands and can easily be accessed through
JSE Commodity Derivatives members.
Local market players seeking to protect themselves against adverse price movements should consider the JSE’s Soft Red Wheat Futures and Options. The contracts can also be used by speculators hoping to make a profit on short-term movements or benefit from the spread opportunities between the local and international market.
To access Soft Red Wheat Futures and Options, register as a client with an authorised
JSE Commodity Derivatives member firm , deposit the required initial margin and sell or buy according to your needs.