Posts Tagged ‘hard red spring wheat’

Should traders worry about gluten sensitivities?

Thursday, March 17th, 2011

Wheat has been a staple of the human diet for over 10,000 years. Further, it has been a staple of the trader’s portfolio for over 100 years now, since the Minneapolis Grain Exchange was established and began trading in wheat, oats and corn in 1881. Increasingly, though, more and more people are developing gluten sensitivities or allergies according to a study written about in an article in the Wall Street Journal  in which gluten triggers an immune response like an enemy invader in some modern humans. (more…)

FIA Expo snapshot: Mark Bagan and MGEX

Wednesday, November 12th, 2008

On Dec. 19, the Minneapolis Grain Exchange (MGEX) will close its floor trading operation. The trading floor will likely be used for office space and a museum, says Mark G. Bagan, president and chief executive officer.

“Our largest floor locals are actually trading more electronically than by open outcry when it comes to hard red spring wheat,” Bagan says. “Of the top ten, each of them trade more than double the amount electronically as they do by open outcry. They are already making the adjustment.” By bringing together the open outcry and electronic liquidity, Bagan says tighter bid/offer spreads will result, benefiting all participants.

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