The Kansas City Board of Trade Hard Red Winter Wheat futures contract in August posted gains in volume and open interest compared to the month of July 2009.
HRW wheat futures trading volume for the month of August tallied 341,471 contracts, an increase of 14.1 percent over the July 2009 trading volume of 299,156 contracts.
Wheat futures open interest swelled during the month of August. At the end of the month, open interest stood at 100,994 contracts, which is a 3.1 percent increase from the end of July and a 9.1 percent increase compared to the end of August 2008.
Total exchange volume for the month of August amounted to 348,081 contracts, a 13.3 percent increase from July 2009 trading volume.
The KCBT, founded in 1856, is Kansas City?s oldest business and 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.
(in contracts)
Volume |
Volume |
% |
Volume |
% |
Year-to-date |
Year-to-date |
% |
|
| CONTRACT | Aug 2009 |
Aug 2008 |
Change |
July 2009 |
Change |
2009 Volume |
2008 Volume |
Change |
| Wheat | 341,471 |
438,250 |
-22.1% |
299,156 |
14.1% |
2,372,226 |
2,780,065 |
-14.7% |
| Wheat Options | 6,610 |
10,123 |
-34.7% |
8,021 |
-17.6% |
71,923 |
151,250 |
-52.4% |
| Value Line | 0 |
0 |
0.0% |
0 |
0.0% |
0 |
0 |
0.0% |
| Total Exchange | 348,081 |
448,373 |
-22.4% |
307,177 |
13.3% |
2,444,149 |
2,931,315 |
-16.6% |
Open |
Open |
Open |
||||||
Interest |
Interest |
% |
Interest |
% |
||||
8/31/2009 |
8/29/2008 |
Change |
7/31/2009 |
Change |
||||
| Wheat | 100,994 |
92,596 |
9.1% |
97,916 |
3.1% |
|||
| Wheat Options | 10,152 |
12,961 |
-21.7% |
13,180 |
-23.0% |
|||
| Value Line | 0 |
0 |
0.0% |
0 |
0.0% |
|||
