Pay cheese: CME launches new food futures

By GlobalCapital
14 Nov 2019

CME Group is to launch block cheese futures and options to enable clients to manage their exposure to cheese markets.

The products will be launched in January, pending regulatory review.

CME said it was introducing the futures and options on block cheese in response to demand from clients amid a progressively volatile relationship between block and barrel cheese, which it believes has led to an increase in basis ...

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