Minnesota Warm Up Series #14

Minneapolis Grain Exchange was formed in 1881 in Minneapolis, Minnesota as a regional cash marketplace to promote fair trade and to prevent trade abuses in wheat, oats and corn.

MGEX has been the principal market for Hard Red Spring Wheat (HRSW) since 1881, offering futures and options contracts based on its unique commodity. HRSW is one of the highest-protein wheats. It is found in bagels, pizzas, high-quality breads and cereals, and some noodles and cookies. It is planted mostly in the U.S. Northern Plains and the Canadian Prairies.