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In 2007, BM&F’s agricultural markets (futures, options, and ex-pit) registered significant volume growth with 2.22 million contracts traded in comparison to 1.35 million contracts in 2006 – a historic record at BM&F.
The Arabica Coffee, Live Cattle, Corn, and Soybean markets (also futures and options) registered the best performance during last year. For the second time in its history, the Live Cattle market surpassed the Coffee market in volume of contracts traded – the first time was in 1996. Arabica Coffee traded 808.29 thousand contracts in 2007 against 561.43 thousand contracts traded the previous year, a 44% growth. Live Cattle, which had ended 2006 with 393.25 thousand, traded more than double that volume in 2007, with 940.68 thousand contracts. The corn market traded 208.88 thousand contracts last year, 50.8% more than in 2006. Soybean doubled its traded volume in 2007, with 196.29 thousand contracts against 99.53 thousand in 2006.
Ethanol futures traded during the past year 17,230 contracts. On December 20, the Ethanol market set a daily record volume, with 833 contracts traded. The Ethanol futures market was launched by BM&F in May 2007.
