Shipping force majeure lifted
CME Group Inc. (CME), parent of the Chicago Board of Trade, on Wednesday lifted force majeure at all corn and soybean shipping stations on the Illinois River, as floodwaters recede.
The exchange had declared force majeure in April after high water levels and flooding prevented a majority of facilities on the river from loading grain.
The force majeure declaration allowed for a delay of shipments while it was in effect.
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(END) Dow Jones Newswires
May 08, 2013 10:51 ET (14:51 GMT)