KANSAS CITY, MISSOURI, U.S. — The Kansas City Board of Trade (KCBT) announced on May 3 the expansion of electronic trading hours for the KCBT's flagship hard red winter (HRW) wheat futures and options contracts.

Hard red winter wheat futures and options will trade electronically from 5 p.m. to 4 p.m. CT for Monday sessions, which begin on Sunday evening. Trading hours for Tuesday through Friday sessions are 6 p.m. to 4 p.m. These also begin the previous evening.

The change goes into effect on May 20 for trade date May 21, in coordination with trading hour changes at the CME Group.

Daily settlements will continue to be based on the 1:15 p.m. CT close each day.

Wheat futures and wheat options will continue to trade by open outcry from 9:30 a.m. to 1:15 p.m. CT Monday through Friday.