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CME Lowers Soybean, Soybean Meal and Corn Futures Margins for July

May 22 (Reuters) – CME Group Inc:

* CME LOWERS SOYBEAN FUTURES(S) MAINTENANCE MARGINS BY 9.1% TO $1,500 PER CONTRACT FROM $1,650 FOR JULY 2020

* CME LOWERS CORN FUTURES(C) MAINTENANCE MARGINS BY 10% TO $900 PER CONTRACT FROM $1,000 FOR JULY 2020

* CME LOWERS SOYBEAN MEAL FUTURES(06) MAINTENANCE MARGINS BY 12% TO $1,100 PER CONTRACT FROM $1,250 FOR JULY 2020

* SAYS INITIAL MARGIN RATES ARE 110% OF THESE LEVELS

* SAYS RATES WILL BE EFFECTIVE AFTER THE CLOSE OF BUSINESS ON MAY 26, 2020 (Reporting by Diptendu Lahiri in Bengaluru)


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