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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.
In the United States, about 40% of the total wheat production is of a strain known as hard red winter wheat, with soft red winter wheat contributing another 15% of the annual wheat crop. There are also winter varieties of white wheat. [4] Soft red winter wheat is also grown in the Canadian province of Ontario, along with white winter wheat. [5]
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Winter wheat production for Oklahoma is forecast at 98.8 million bushels, up 44% from last year, according to Oklahoma Farm Report. Yield is expected to average 38 bushels per acre, up 10 bushels ...
In the North American plains, the wheat production axis that extends over a length of 1,500 miles (2,400 km) in a north–south direction from central Alberta to central Texas is known as the Wheat Belt. Hard red winter wheat is grown in the Central U.S. states of Kansas, Nebraska, Colorado, Oklahoma, Missouri, Iowa, Illinois, and Texas and ...
In agriculture, grain quality depends on the use of the grain.In ethanol production, the chemical composition of grain such as starch content is important, in food and feed manufacturing, properties such as protein, oil and sugar are significant, in the milling industry, soundness is the most important factor to consider when it comes to the quality of grain.
Winter wheat lies dormant during a winter freeze. It needs to develop to a height of 10 to 15 cm before the cold intervenes, so as to be able to survive the winter; it requires a period with the temperature at or near freezing, its dormancy then being broken by the thaw or rise in temperature. Spring wheat does not undergo dormancy.
A Russian missile attack on the Ukrainian port of Odessa drove grain prices back up after they relaxed on news of a United Nations-brokered deal between Moscow and Kyiv struck late last week to ...