CBOT Ag Contracts Climb To New Daily Volume Records - Corn, Soybean And Wheat Futures Shatter Previous Highs

The Chicago Board of Trade (CBOT®) today announced that CBOT Corn, Soybean and Wheat futures contracts each eclipsed prior trading volume records to set new all-time highs on Tuesday, February 22.

CBOT Corn futures trading volume surged to 301,177 contracts traded, surpassing the prior record of 244,701 contracts set on October 23, 2003. Soybean futures reached a daily volume record of 185,755 contracts, versus 153,541 contracts on October 10, 2003. Further, Wheat futures volume climbed to 117,004 contracts, shattering the prior record of 83,885 contracts set on November 29, 2000.

CBOT President & CEO Bernard W. Dan said, “The CBOT markets, with their tight liquidity, serve as the global benchmark for the pricing of Corn, Soybeans and Wheat worldwide, and the new trading volume records set at the Exchange underscore the CBOT’s leadership role within the international agricultural community.

“Further, these milestones follow the launch of Project Denali, a technology initiative that is driving greater efficiency on the CBOT’s Agricultural trading floor. Offering near real-time risk management, Denali is enhancing customer service by reducing the time window for processing and matching open outcry transactions.”

For more information on CBOT products, visit the Exchange’s Website at www.cbot.com.