Key Takeaways: 

The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two lean beef trim contracts appear to check at least four of the five requisite boxes for success, including the critical factor of providing commercial risk management tools where none exist currently. WPI’s assessment and outlook for the contracts is favorable and we anticipate success for their listing. 

The Details:  The CME Group recently announced it will launch trading in 90 percent Lean Beef and 50 percent Lean Beef futures, and a...