MINNEAPOLIS, MINNESOTA, U.S. — Minneapolis Grain Exchange (MGEX) on Oct. 6 announced that during its annual board of directors election Richard A. Dusek from CHS, Inc. and Gary S. Weber were re-elected to the board. Newly elected to the board was Marc L. Gordon. Each will serve two-year terms, effective immediately.

MGEX Chief of Staff and Assistant Corporate Secretary Jesse Marie Bartz reported five candidates ran for three open board positions. A total of 292 votes on proxies were received.

“On behalf of MGEX, I would like to thank outgoing Director Michael Ricks for his years of service on the board, most recently as chairperson. Michael’s dedication to the MGEX membership provided a wonderful example for all current and future directors,” Mark G Bagan, president and chief executive officer, MGEX said. “On the heels of our most profitable fiscal year in our 130-year history, I look forward to continued business growth under the guidance of the new and returning MGEX Board members.”