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"CME Group, a financial markets operator, is set to launch cash-settled futures for European rapeseed oil on April 28, pending regulatory approval. The new product will be traded on the Chicago Board of Trade exchange and will consist of consecutive monthly contracts starting with May 2025. The launch marks CME's attempt to expand in the European grain market, following the discontinuation of its EU wheat futures contract and suspension of its Black Sea grain futures due to Russia's invasion of Ukraine."
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