date:Oct 19, 2012
In the wake of Wednesday's deal for Chicago rival CME Group (CME.O) to buy the Kansas City Board of Trade, the so-called MGEX is now the last independently owned agricultural exchange in the United States, home to a niche spring wheat contract as well as more esoteric products including agricultural index contracts and apple juice futures.
Although trading volume in MGEX wheat is only a third as much as Kansas City's wheat contract and equivalent to just 5 percent of the benchmark Chicago Board