KANSAS CITY, MISSOURI, U.S. — The Kansas City Board of Trade (KCBT) said on Jan. 3 that it set new annual volume records in 2011 for hard red winter (HRW) wheat futures and for the exchange as a whole.

A total of 6,582,673 contracts were traded at the KCBT in 2011, setting a new record with a 15.5% increase over the 5,697,874 contracts traded in 2010.

In the HRW wheat futures contract, a total of 6,342,782 contracts were traded, which also set a new annual volume record over 2010 volume with a 14.3% increase.

HRW wheat options volume traded in 2011 amounted to 239,891 contracts, a 62.1% increase over total 2010 trading volume.