CME SPAN® Minimum Performance Bond Requirements (SPAN refers to Standard Portfolio Analysis of Risk Performance bond system)

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Revised 08/06/2008. An * before the rate type indicates the rate is new since the last revision on 07/30/2008

CME Agricultural Futures -- Outright Rates (Exchange Minimums)     Initial Maintenance CME Dry Whey Futures (DY) Spec $1,215 $900 Hedge/Member $900 $900 Live Cattle (LC) Spec $1,080 $800 Hedge/Member $800 $800 Delivery Month - Spec $1,080 $800 Delivery Month - Hedge/Member $800 $800 Feeder Cattle (FC) Spec $1,485 $1,100 Hedge/Member $1,100 $1,100 Delivery Month - Spec $1,485 $1,100 Delivery Month - Hedge/Member $1,100 $1,100 CME Cash-Settled Butter Futures (CB) Spec $810 $600 Hedge/Member $600 $600 Lean Hogs (LN) Spec $1,215 $900 Hedge/Member $900 $900 Frozen Pork Bellies (PB) Spec $1,620 $1,200 Hedge/Member $1,200 $1,200 Delivery Month - Spec $3,240 $2,400 Delivery Month - Hedge/Member $2,400 $2,400 Milk (DA) Mths 01-01 Spec $1,350 $1,000 Hedge/Member $1,000 $1,000 Delivery Month - Spec $675 $500 Delivery Month - Hedge/Member $500 $500 Milk (DA) Mths 02-05 Spec $1,755 $1,300 Hedge/Member $1,300 $1,300 Milk (DA) Mths 06-12 Spec $1,755 $1,300 Hedge/Member $1,300 $1,300 Class IV Milk (DK) Mths 01-01 Spec $1,350 $1,000 Hedge/Member $1,000 $1,000 Class IV Milk (DK) Mths 02-05 Spec $1,350 $1,000 Hedge/Member $1,000 $1,000 Class IV Milk (DK) Mths 06-12 Spec $1,350 $1,000 Hedge/Member $1,000 $1,000 Butter (DB) Spec $1,620 $1,200 Hedge/Member $1,200 $1,200 Nonfat Dry Milk (NF) Spec $2,025 $1,500 Hedge/Member $1,500 $1,500 Goldman Sachs Commodity Index (GI) Spec $12,000 $8,000 Hedge/Member $8,000 $8,000 GSCI ER Futures (GA) Special 100.00% 100.00% Normal (Speculative) $5,700 $3,800 Normal (Hedge/Member) $3,800 $3,800