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Specializing in the hard-red winter wheat contract, it was located at 4800 Main Street in Kansas City, Missouri. On October 17, 2012, CME Group announced it would acquire the exchange for $126 million in cash. [ 1 ]
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]
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 ...
Soft red winter wheat for March delivery on the Chicago. Wheat prices reached their highest prices in more than two years after a U.N. agency said China may face a wheat-supply shortage because of ...
State farmers grow hard red winter wheat, which is used for hard rolls, croissants, flat breads, some types of Asian noodles, and general-purpose flour and cereal. It's the No. 1 crop in Oklahoma ...
MGEX has been the principal market for Hard Red Spring Wheat (HRSW) since 1881, offering futures and options contracts based on its unique commodity. HRSW is one of the highest-protein wheats. It is found in bagels, pizzas, high-quality breads and cereals, and some noodles and cookies.