Total volume of trade on Winnipeg Commodity Exchange Inc. ("WCE") for August 2006 increased 23.9% from a year ago with 176,411 futures and options contracts being traded. This is the 15th consecutive month of increased total trade on WCE when compared to the same month of the previous year.
Volume of trade in western barley futures contracts soared to 118.9% over that of August 2005 with 25,858 contracts traded during the month. This level of trade is 502.2% higher than the western barley futures contract volume recorded in July 2006.
Canola futures contract volume was 145,133 contracts, representing an increase of 19.2% from last year and 12.1% from a month ago.
Volume for feed wheat futures contracts was 4,847 contracts which is 35.6% lower than a year ago, but 92.8% higher than July 2006.
During August 2006 there were 552 canola options contracts and 21 western barley options contracts traded.
At the end of August total open interest stood at 100,443 contracts which is 25.3% higher than a year ago and 2.1% higher than a month ago.
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.