MGEX Reports Trading Results For January 2023

Minneapolis Grain Exchange (MGEX™), a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), today reported January 2023 trading volume of 165,600 contracts, representing a 40.2% year-over-year (YoY) decrease from the same period in 2022 and a 1.6% increase from December 2022. 

MGEX reported Hard Red Spring Wheat (HRSW) Futures volume of 132,707 contracts in January 2023, a decrease of 28.6% YoY and an increase of 4.6% from December 2022. HRSW Options volume totaled 1,913 contracts in January 2023, a decrease of 77.5% YoY and a 34.4% decrease from December 2022.

SPIKES® Futures volume totaled 30,980 contracts in January, representing a 62.5% decrease YoY and an average daily volume of 1,549 contracts.

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