Both wheat futures and wheat options volume topped all previous records with the exception of 2002. Wheat futures volume also posted a gain of 43.9 percent compared to September 2003. Wheat options volume posted a gain of 34.1 percent compared to September 2003 and the exchange as a whole was up 42.3 percent compared to September 2003 totals.
Also during the month of October, open interest swelled in all of the exchange's active contracts when compared to the previous month. Wheat futures open interest grew 2.9 percent, wheat options increased 3 percent and Value Line. futures grew 15.8 percent.
The Kansas City Board of Trade, chartered in 1876, is the world's largest futures market for hard red winter wheat.
Value Line. is a registered mark of Value Line, Inc., a New York corporation that provides financial services and publications. Since 1982, the Kansas City Board of Trade has been licensed to use the Value Line. mark in connection with its efforts to establish futures markets tied to the Value Line. index. The Kansas City Board of Trade and Value Line, Inc. are not affiliated corporate entities.
