CME Group’s Black Sea wheat futures attracted trade on their debut session on Dec 18. CME, which owns the Chicago Board of Trade (CBOT), had said last month it was launching cash-settled Black Sea wheat futures to extend its presence in a booming export region. CME’s August Black Sea wheat futures saw an opening trade at $184.50 per tonne for 40 lots. CME’s Black Sea wheat contract is based on the Platts Russian Wheat 12.5 percent FOB Black Sea Deep Water daily price assessment.