Shorter grain hours meet with mixed response

04/5/2013 | Bloomberg Businessweek

After expanding to 21 trading hours in May, the Chicago Board of Trade is cutting its hours back to 17.5. "It certainly creates a little more excitement for the markets," says Mark Schultz of Northstar Commodity Investment. Others said that decreasing hours simply increases the amount of time where market participants are unable to hedge. "Whenever the amount of time you can mitigate risk is lessened, you create more risk," said Ag Perspective grain merchandiser Scott Stoller.

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