Winnipeg Commodity Exchange Inc. ("WCE") total volume of trade for November 2006 was 216,794 contracts, representing an increase of 31.6% from November 2005. This is the 18th consecutive month of increased total volume when compared to the same month of the previous year.
Volume of trade in canola futures contracts reached 191,676 contracts during November 2006. This level of activity is 32% higher than the volume recorded a year ago. In addition, there were 2,572 canola options contracts traded during the month, which is an increase of 11.3% from last November.
Western barley futures contract volume soared to 47.7% higher than November 2005, with 12,620 contracts being traded.
Feed wheat futures contract trade was up 14.9% from a year ago to 9,926 contracts.
Since the beginning of the 2006/07 crop year (August 1, 2006) crop year-to-date total volume of trade on WCE is 962,793 contracts, which is an increase of 39.7% from a year ago.
At the end of November total open interest stood at 125,932 contracts. This represents an increase of 21.0% from the end of November 2005.
Winnipeg Commodity Exchange Inc., established in 1887, has been facilitating futures contract trading since 1904. WCE is Canada's only agricultural futures and options exchange and North America's first fully electronic commodity exchange. WCE offers futures and options contracts on canola, domestic feed wheat, and western barley.
