CME to offer milk powder futures, options


CHICAGO, March 25 (Reuters) - The Chicago Mercantile Exchange, a unit of CME Group Inc , said on Thursday it will trade futures and options on International Skimmed Milk Power beginning May 9, that will have physical delivery points around the world. The milk powder will listed on the CME's electronic trading system. Skimmed milk in powder form is a popular source of protein because it does not require refrigeration, the CME said. Delivery points include Auckland, New Zealand; Los ...

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