M A R G I N    G U I D E
Effective Date: 5/7/2021


U n C h a n g e d    M a r g i n
I n c r e a s e d    M a r g i n
D e c r e a s e d    M a r g i n
Current Month Change


COMMODITY
Chgd
Initial
Maint
Sprd
Initial
Sprd
Maint
 
CBOT -  GRAINS
         
C
Corn
05/03/21
2255
2050
743
675
YC
Mini Corn
05/03/21
451
410
149
135
S
Soybeans
05/04/21
4510
4100
908
825
YK
Mini Soybeans
05/04/21
902
820
182
165
06
Soybean Meal
04/30/21
3300
3000
688
625
07
Soybean Oil
05/04/21
2420
2200
1100
1000
W
Wheat
04/29/21
2530
2300
385
350
YW
Mini Wheat
04/29/21
506
460
77
70
KW
KC Wheat
04/29/21
2475
2250
633
575
O
Oats
01/06/21
990
900
633
575
14
Rough Rice
02/11/21
1815
1650
1155
1050
EH
Ethanol
05/06/21
4290
3900
2750
2500
 
CBOT -  FINANCIAL
         
17
30Year US Bond
04/16/21
4070
3700
715
650
21
10Year US Note
04/16/21
1678
1525
275
250
25
5Year US Note
03/19/21
880
800
220
200
26
2Year US Note
03/05/21
385
350
165
150
YM
Mini Dow Jones Index
04/30/21
9900
9000
1320
1200
 
CME -  AG
         
48
Live Cattle
04/30/21
1760
1600
1458
1325
62
Feeder Cattle
01/22/21
3190
2900
1100
1000
LN
Lean Hogs
01/14/21
1980
1800
1650
1500
DK
Milk (Class IV)
12/04/20
880
800
1980
1800
DA
Milk (Class III)
01/22/21
1650
1500
2992
2720
NF
Nonfat Dry Milk
12/04/20
1287
1170
2585
2350
CB
Cash Butter
12/11/20
1320
1200
2750
2500
 
CME -  EQUITIES
         
SP
S+P 500
12/11/20
60500
55000
6050
5500
ES
Mini S+P 500
12/11/20
12100
11000
1210
1100
NQ
Mini Nasdaq 100
04/30/21
17600
16000
1980
1800
ME
Mini S+P 400 Midcap
09/11/20
14850
13500
1650
1500
SG
S+P Growth Index
12/11/20
38500
35000
3190
2900
SU
S+P Value Index
12/11/20
22000
20000
3850
3500
GI
GSCI
01/22/21
5500
5000
3080
2800
NK
Nikkei 225
02/19/21
8800
8000
908
825
 
CME - CURRENCY
         
AD
Australian Dollar
03/01/21
1980
1800
50
45
BP
British Pound
04/30/21
2365
2150
66
60
C1
Canadian Dollar
01/29/21
1210
1100
50
45
J1
Japanese Yen
04/30/21
2475
2250
121
110
E1
SwissFranc
01/14/21
3630
3300
209
190
EC
Euro Currency
04/16/21
2640
2400
83
75
MP
Mexican Peso
01/14/21
1540
1400
61
55
RA
South African Rand
03/25/20
1980
1800
55
50
BR
Brazilian Real
12/01/20
1375
1250
715
650
NE
New Zealand Dollar
03/26/21
2090
1900
55
50
RU
Russian Ruble
01/14/21
2310
2100
220
200
 
CME-INTEREST RATES
         
ED
3 Month Eurodollar
01/13/21
220
200
171
155
EY
3 Month Euroyen
         
 
COMEX -  METAL
         
HG
Copper
04/30/21
6710
6100
908
825
GC
Gold
04/16/21
11000
10000
495
450
SI
Silver (x1.25)
02/02/21
18150
16500
550
500
 
NYMEX -  ENERGY
         
CL
Crude Oil
04/23/21
5830
5300
743
675
QM
Mini - WTI Crude
04/23/21
2915
2650
371
338
HO
Heating Oil
03/22/21
5638
5125
825
750
QH
Mini - Heating Oil
04/30/21
2819
2563
413
375
RB
RBOB Gas
04/30/21
6270
5700
880
800
QU
Mini - RBOB Gas
04/30/21
3135
2850
440
400
NG
Natual Gas
03/22/21
2200
2000
303
275
QG
Mini - Natural Gas
04/28/21
550
500
76
69
 
NYMEX  -  METAL
         
PL
Platinum
02/11/21
4840
4400
550
500
PA
Palladium
01/08/21
29700
27000
3520
3200
 
MGE
         
MW
Red Spring Wheat
04/23/21
2470
1900
650
500
 
NYBOT -  SOFTS
         
KC
Coffee
05/04/21
4455
4050
142
129
SB
Sugar
04/16/21
1109
1008
309
281
CC
Cocoa
05/04/21
2090
1900
174
158
CT
Cotton
05/04/21
2915
2650
728
662
OJ
Frozen Orange Juice
05/04/21
1386
1260
123
112
 
NYBOT -  CURRENCY
         
DX
Dollar Index
04/16/21
2090
1900
46
42




S P R E A D
Changed
Credit
 
Initial
Maint
SPD
Bean Meal vs. Bean Oil
         
SPD
Beans vs. Bean Oil
         
SPD
Corn vs. Wheat
         
SPD
Feeder vs Cattle
         


NOTE:  Margin rates on spreads may vary depending on the contract months.  Contact your broker for verification.

DISCLAIMER: This information is not to be construed as an offer to sell or a solicitation or an offer to buy the commodities herein named. The factual information of this report has been obtained from sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to the accuracy, and is not to be construed as representation by our firm. The risk of loss when trading futures and options is substantial. Each investor must consider whether this is a suitable investment. Past performance isnot indicative of future results.