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The Minneapolis Grain Exchange (MGEX) is a commodities and futures exchange of grain products. It was formed in 1881 in Minneapolis , Minnesota , United States as a regional cash marketplace to promote fair trade and to prevent trade abuses in wheat , oats and corn .
The North Dakota Mill was established by the Nonpartisan League leaders, which then controlled the state government, to help solve this problem and benefit local farmers. The North Dakota Mill facilities include seven milling units, a terminal elevator and a packing warehouse to prepare bagged products for shipment.
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 ...
Jul. 16—Local grain processor Bartlett Grain has been on the forefront of making sure the grain grown by local farmers is able to help feed the world for more than a century. The company was was ...
Mar. 23—Union County Sheriff Mark Shepherd asked the board of supervisors to approve the lowest bid for purchasing a new patrol vehicle for the sheriff's office. Bids of $33,565 for a Dodge ...
In California, production is dominated by short and medium-grain japonica varieties, including cultivars developed for the local climate, such as Calrose, which makes up as much as 85% of the state's crop. The broad classification of rice grown includes long-grain rice, medium-grain rice and short-grain rice. [27]
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Commodity-based money and commodity markets in a crude early form are believed to have originated in Sumer between 4500 BC and 4000 BC. Sumerians first used clay tokens sealed in a clay vessel, then clay writing tablets to represent the amount—for example, the number of goats, to be delivered.