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MGEX To Present At U.S. Apple Conference In Chicago

Date 09/08/2012

MGEX,  a  Designated  Contract  Market  (DCM)  and  Derivatives  Clearing Organization (DCO), will attend and participate as a panelist at the U.S. Apple Crop Outlook & Marketing Conference on August 16 and 17 at the Ritz-Carlton in Chicago, Illinois.

Layne G. Carlson, MGEX Treasurer & Corporate Secretary, will represent MGEX on the Apple Juice, Concentrate & Processing Panel on Thursday, August 16. Other events during the conference include sessions on Global Apple Crop Reports, a panel discussion on the Future of the U.S. Apple Industry, and the announcement of the 2012 U.S. Apple Crop Forecast. Conference registration is open through August 16.

“We are pleased to have MGEX participate in the Apple Juice, Concentrate, and Processing panel during our conference,” said Mark W. Seetin, Director, Regulatory and Industry Affairs, U.S. Apple Association. “This is a great opportunity for industry members to learn about using the new AJC contract as a price risk management tool,” said Seetin.

The U.S. Apple®  Association (U.S. Apple) is a nonprofit membership association representing the U.S. apple industry on national issues and other matters which impact the industry.  U.S. Apple  works  to  advocate  industry  views  on  issues  such  as  food  safety,  research  and regulations. U.S. Apple members include apple growers, packagers, shippers, retailers, educational and research institutions. Please visit  www.mgex.com/ajc/ for more information on the upcoming U.S. Apple Conference and complete information on the new AJC futures and options contract.

On Monday, August 13, 2012, MGEX will launch the AJC futures and options contract.  Trading begins at 7:00 a.m. central time.  Additional information about the AJC contract is available at www.mgex.com/ajc/.