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Will CME's water futures market help as a risk management tool?

02/03/21 6:35 AM By Amy Mayer
KEYWORDS Alan Boyce CME Group Materra Farming RaboResearch roland fumasi SGMA Sustainable Groundwater Management Act Tim McCourt Tom Birmingham water water trading Westlands Water District WestWater Research
Water is now being traded on the CME Group's new index, but some California water managers and market observers are less confident the futures contract will offer much benefit.
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