Changes are in store for the barley contract as
well. Time will tell whether the changes to the
contract and the removal of the single desk will
bring in volumes. Although it should, it's always
a chicken and egg sort of thing. The guys that
want to see liquidity are the ones that also bring
it. The most important aspect to a futures
contract is trading activity.
The way the malt barley trade works, a futures
contract really doesn't do them much good. Malt
barley is more like a specialty crop in which the
quality parameters changes every year.
Although, I'm told by maltsters that they would
like to see a workable feed barley futures
contract.
well. Time will tell whether the changes to the
contract and the removal of the single desk will
bring in volumes. Although it should, it's always
a chicken and egg sort of thing. The guys that
want to see liquidity are the ones that also bring
it. The most important aspect to a futures
contract is trading activity.
The way the malt barley trade works, a futures
contract really doesn't do them much good. Malt
barley is more like a specialty crop in which the
quality parameters changes every year.
Although, I'm told by maltsters that they would
like to see a workable feed barley futures
contract.
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