History

Since 1881, MGEX has provided valuable price discovery and risk management services to producers and consumers involved in volatile commodities markets around the world.

MGEX past | MGEX present | MGEX future | Contract Timeline

TODAY’S EXCHANGE
Trading futures contracts on the Minneapolis Grain Exchange means trading 100 percent electronically on the CME Globex® platform. Options contracts continue to trade side by side via the electronic platform and open outcry. The trading activity has moved from the historic trading floor to the new state-of-the art Exchange Room on the 8th floor of the North Grain Exchange building. 

MGEX provides futures and options contracts for our flagship Hard Red Spring Wheat contract and five financially settled agricultural Index Products.  All are traded on the CME Globex® platform.

Buyers and sellers of futures and options contracts from around the globe utilize the MGEX marketplace to conduct their risk management activities.  MGEX also hosts the cash market, providing a valuable service for market participants.  An average of one million bushels of corn, wheat, barley, oats, rye, flax and soybeans change hands daily. 

As the Exchange continues to evolve, MGEX leaders still look to the original Articles of Incorporation for future direction.  The mission of the Exchange is to provide and oversee a fair and reliable marketplace offering personalized service and efficient transaction execution.