Kansas City Board of Trade trading volume was active in February, resulting in the second-highest trading volume month in exchange history. As a result, new calendar month volume records were set for both the HRW wheat futures contract and the exchange as a whole. This marks the ninth consecutive month a new calendar month record has been set for HRW wheat futures. New exchange calendar month volume records have been set eight out of the last nine months.
A total of 714,517 contracts were traded at the exchange in February, second only to 765,357 contracts traded in August 2010. HRW wheat futures trading volume in February was also the second largest in exchange history at 689,530 contracts, second only to 752,373 contracts in August 2010.
The previous February volume record for the exchange was 547,690 contracts in 2006, with the previous HRW wheat futures record at 492,978 in 2006.
The Kansas City Board of Trade is a for-profit corporation organized under the laws of Delaware. The KCBT, founded in 1856, is the world's largest futures market for hard red winter wheat. Daily quotes, market commentary, historical data and charting services are available on our website at www.kcbt.com.
VOLUME AND OPEN INTEREST SUMMARY
(in contracts)
Volume
|
Volume
|
%
|
Volume
|
%
|
Year-to-date
|
Year-to-date
|
%
|
|
CONTRACT
|
Feb 2011
|
Feb 2010
|
Change
|
Jan 2010
|
Change
|
2011 Volume
|
2010 Volume
|
Change
|
Wheat
|
689,530
|
366,782
|
88.0%
|
485,591
|
42.0%
|
1,175,121
|
646,727
|
81.7%
|
Wheat Options
|
24,987
|
8,529
|
193.0%
|
20,187
|
23.8%
|
45,174
|
14,181
|
218.6%
|
Total Exchange
|
714,517
|
375,311
|
90.4%
|
505,778
|
41.3%
|
1,220,295
|
660908
|
84.6%
|
Open
|
Open
|
Open
|
||||||
Interest
|
Interest
|
%
|
Interest
|
%
|
||||
2/28/2011
|
2/26/2010
|
Change
|
1/31/2011
|
Change
|
||||
Wheat
|
198,189
|
136,596
|
45.1%
|
215,233
|
-7.9%
|
|||
Wheat Options
|
25,690
|
9,481
|
171.0%
|
32,556
|
-21.1%
|
|||
Total Exchange
|
223,879
|
146,077
|
53.3%
|
247,789
|
-9.6%
|