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In 1947, the exchange was renamed the Minneapolis Grain Exchange. Today the exchange is most recognized by its logo and uses MGEX as first reference. On December 19, 2008, the Minneapolis Grain Exchange ceased operations of the open outcry trading floor, but continues daily operations for the electronic processing of financial transactions ...
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The AWB was founded in 1939 to regulate the wheat market after the excesses of the Great Depression.The single desk dates to this period. This type of arrangement was not unique to Australia, as the Canadian Wheat Board was created in 1935 in a similar fashion (but its history dates back to an earlier wheat marketing board created during World War I, and also includes the experience of ...
A cash crop, also called profit crop, is an agricultural crop which is grown to sell for profit. It is typically purchased by parties separate from a farm . The term is used to differentiate a marketed crop from a staple crop ("subsistence crop") in subsistence agriculture , which is one fed to the producer's own livestock or grown as food for ...
MOSCOW (Reuters) -Russian President Vladimir Putin told his Turkish counterpart Tayyip Erdogan on Wednesday that Moscow was ready to return to the Black Sea grain deal as soon as the West met its ...
Hollywood was once the ultimate goal for many working in the film industry. But between strikes, scandals, and sinister secrets being revealed, Tinseltown seems to be losing some of its sparkle.
Elevator operators buy grain from farmers, either for cash or at a contracted price, and then sell futures contracts for the same quantity of grain, usually each day. They profit through the narrowing "basis", that is, the difference between the local cash price, and the futures price, that occurs at certain times of the year.
Internet star Jack Doherty, who recently crashed his $200,000 McLaren, leading to a ban from Kick, renewed controversy. Following his accident prompted by dangerously texting and driving while in ...