Intra-Commodity Rates for CME Agricultural Futures Created by PBIS system
CME SPAN® Minimum Performance Bond Requirements
(SPAN refers to Standard Portfolio Analysis of Risk Performance bond system)
Back to Performance Bond Main
Revised 08/25/2008. An * before the rate type indicates the rate is new since the last revision on 08/18/2008
CME Agricultural Futures -- Intra-Commodity Rates (Exchange Minimums)
    Initial Maintenance
Butter (DB) - All Months
Spec $1,350 $1,000
Hedge $1,000 $1,000
Member $1,000 $1,000
Class IV Milk (DK) - T1 vs. T1 [mth 01 vs. mth 01 ]
Spec $945 $700
Hedge/Member $700 $700
Class IV Milk (DK) - T1 vs. T2 [mth 01 vs. mth 02-05 ]
Spec $810 $600
Hedge/Member $600 $600
Class IV Milk (DK) - T2 vs. T3 [mth 02-05 vs. mth 06-12 ]
Spec $945 $700
Hedge/Member $700 $700
Class IV Milk (DK) - T3 vs. T3 [mth 06-12 vs. mth 06-12 ]
Spec $945 $700
Hedge/Member $700 $700
CME Cash-Settled Butter Futures (CB) - All Months
Spec $500 $500
Hedge/Member $400 $400
CME Dry Whey Futures (DY) - All Months
Spec $1,080 $800
Hedge/Member $800 $800
CME Ethanol Futures (ET) - All Months
Spec $1,350 $1,000
Hedge/Member $1,000 $1,000
Feeder Cattle (FC) - All Months
Spec $473 $350
Hedge $350 $350
Member $350 $350
Frozen Pork Bellies (PB) - New
Spec $540 $400
Hedge $400 $400
Member $400 $400
Frozen Pork Bellies (PB) - Old
Spec $810 $600
Spec $810 $600
Hedge $600 $600
Hedge $600 $600
Member $600 $600
Member $600 $600
Goldman Sachs Commodity Index (GI) - All Months
Spec $900 $600
Hedge/Member $600 $600
GSCI ER Futures (GA) - All Months
Normal (Speculative) $600 $400
Normal (Hedge/Member) $400 $400
Lean Hogs (LN) - All Months
Spec $945 $700
Hedge $700 $700
Member $700 $700
Live Cattle (LC) - All Months
Spec $540 $400
Delivery Month - Spec $810 $600
Delivery Month - Hedge $600 $600
Delivery Month - Member $600 $600
Hedge $400 $400
Member $400 $400
Milk (DA) - All Months
Spec $1,350 $1,000
Hedge/Member $1,000 $1,000
Nonfat Dry Milk (NF) - All Months
Spec $1,350 $1,000
Hedge/Member $1,000 $1,000