Curt Denisuik Of The Canadian Wheat Board Elected To Minneapolis Grain Exchange Board Of Governors

The Minneapolis Grain Exchange (MGE) Board of Directors voted unanimously January 3, 2000, to elect Curt Denisuik, C.A., of Winnipeg, Manitoba, as a non-member director. Mr. Denisuik is the Director of Commodity Risk Management for the Canadian Wheat Board (CWB) and a Chartered Accountant. He has been with the CWB since November 1992. The CWB is the only government-authorised trader for spring wheat, durum and barley sold into the Canadian export market. Hard red spring wheat, the flagship contract of the MGE, is also the principal grain marketed by the CWB. Mr. Denisuik is the fist direct representative of the Canadian Wheat Board to be elected to the MGE board of Directors. "Having Mr. Denisuik on our board will strengthen a relationship that has been growing significantly in the past decade," said James H. Lindau, President/CEO of the Minneapolis Grain Exchange. "It is important for us to increase the understanding of trade practices with America's largest trading partner - Canada. We believe it is also a recognition of the global significance of the price discovery and risk management tools MGE futures contracts offer," Mr. Lindau concluded. Minneapolis Grain Exchange, established in 1881, is the only futures market for hard red spring wheat, white wheat, durum wheat, black tiger shrimp, white shrimp and on- and off-peak Twin Cities Electricity futures and options.