MINNEAPOLIS, MINNESOTA, U.S. – MGEX announced on Jan. 13 that it has reached the best daily volume in MGEX’s history, with 27,095 contracts trading on Jan. 12. This surpasses the previous record set nearly three years ago, when 26,908 contracts traded on Feb. 6, 2014.

“2017 is starting well at MGEX,” said Mark G. Bagan, president and chief executive officer, MGEX. “It is great to see market participants worldwide using MGEX’s North American Hard Red Spring Wheat contract for their risk management needs.”

Electronic volume also set a new all-time record, with 24,173 contracts traded. Open interest following Jan. 12’s activity was 79,480 contracts.