Futures

MIAX Futures intends to implement certain changes that will impact the terms and conditions of the Minneapolis Hard Red Spring Wheat (Minneapolis HRSW) Contract effective with the September 2026 delivery period (July 24, 2026) subject to regulatory approval. These changes include the following:

1. MIAX Futures will convert the delivery instrument for Minneapolis HRSW Contracts from Warehouse Receipts to Shipping Certificates. This conversion will include automatic monthly storage pay/collects.
2. Hard red spring wheat delivered against a Minneapolis HRSW Contract will be required to have a minimum falling number of 200.
3. Hard red spring wheat delivered against a Minneapolis HRSW Contract will be required to list a country of origin designation.
4. MIAX Futures will be adding an interior delivery point in the Red River Valley for hard red spring wheat delivered against a Minneapolis HRSW Contract.
5. MIAX Futures will be increasing the maximum load-out charges for hard red spring wheat delivered against a Minneapolis HRSW Contract from 8 cents to 10 cents per bushel, and the maximum storage charges from 7 cents to 8 cents per bushel per month.

Additional updates will be provided through future Alerts.

If you have any questions, please contact MIAX Futures at MIAXFutures@miaxglobal.com.

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To learn more about MIAX Futures, please contact MIAXFutures@miaxglobal.com.