Bloomberg News

Italy Durum-Contract Start Postponed to January, Exchange Says

November 16, 2012

The start of a durum wheat futures contract in Milan will be postponed until Jan. 21, Borsa Italiana SpA said in an e-mailed statement.

The exchange previously said trading might start as early as Nov. 19. Durum wheat is used to make pasta, and Italy is the European Union’s largest grower. IntercontinentalExchange Inc. introduced Canadian durum futures trading in Winnipeg in January.

To contact the reporter on this story: Whitney McFerron in London at wmcferron1@bloomberg.net

To contact the editor responsible for this story: John Deane at jdeane3@bloomberg.net


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