The Kansas City Board of Trade volume traded in January posted increases in the Hard Red Winter Wheat futures contract, the HRW wheat options contract and the exchange as a whole when compared to December 2011. Also, open interest increased in all contracts when compared to last month.
In the HRW wheat futures contract, 369,613 contracts were traded, which was an increase of 45.7 percent when compared to December 2011 volume. Open interest increased 6.6 percent during the same time period.
HRW wheat options volume traded in January amounted to 6,680 contracts, which was a 66.1 percent increase compared to December 2011 volume. Open interest increased 24.9 percent during the same timeframe.
Total exchange volume for the month of January was 376,293 contracts, an increase of 46 percent from last month. Open interest was up 8.2 percent for the exchange over December 2011.
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 |
Jan 2012
|
Jan 2011
|
Change
|
Dec 2011
|
Change
|
2012 Volume
|
2011 Volume
|
Change
|
| Wheat |
369,613
|
485,591
|
-23.9%
|
253,714
|
45.7%
|
369,613
|
485,591
|
-23.9%
|
| Wheat Options |
6,680
|
20,187
|
-66.9%
|
4,021
|
66.1%
|
6,680
|
20,187
|
-66.9%
|
| Total Exchange |
376,293
|
505,778
|
-25.6%
|
257,735
|
46.0%
|
376,293
|
505,778
|
-25.6%
|
|
|
||||||||
|
Open
|
Open
|
Open
|
||||||
|
Interest
|
Interest
|
%
|
Interest
|
%
|
||||
|
1/31/2012
|
1/31/2011
|
Change
|
12/30/2011
|
Change
|
||||
| Wheat |
146,854
|
215,233
|
-31.8%
|
137,758
|
6.6%
|
|||
| Wheat Options |
17,029
|
32,556
|
-47.7%
|
13,636
|
24.9%
|
|||
| Total Exchange |
163,883
|
247,789
|
-33.9%
|
151,394
|
8.2%
|
