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National & World Ag News Headlines |
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MGEX Breaks Daily Volume Record
USAgNet - 01/16/2017
The Minneapolis Grain Exchange has reached the best daily volume in its history, with 27,095 contracts trading on January 12, 2017.
This surpasses the previous record set nearly three years ago, when 26,908 contracts traded on February 6, 2014.
"2017 is starting well at MGEX," said MGEX CEO Mark Bagan. "It is great to see market participants worldwide using MGEX's North American Hard Red Spring Wheat contract for their risk management needs."
Electronic volume also set a new all-time record, with 24,173 contracts traded. Open interest following Thursday’s activity was 79,480.
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