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Postal codes: USA: 81657, Canada: T5A 0A7

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What does MGEX stand for?

Minneapolis Grain Exchange


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This definition appears very rarely and is found in the following Acronym Finder categories:

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  • Business, finance, etc.

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Samples in periodicals archive:
Over the past 20 years, Minneapolis Grain Exchange trading volume has risen almost six-fold to a new record last year.
A record was set on the Minneapolis Grain Exchange yesterday, when US spring wheat surged above $20 a bushel.
9781890434748 The grain merchants; an illustrated history of the Minneapolis Grain Exchange.
The company's executive offices have also been relocated from the Minneapolis Grain Exchange (where they had been for 55 years) to Shakopee, MN, where the manufacturing operations are based.
Farm-Raising Salmon and Shrimp Makes Millionaires, and Also Creates Dead Seas As yet another snowstorm was burying Minnesota and the rest of the Midwest last winter, traders in the "futures pit" of the Minneapolis Grain Exchange were shouting and signaling bids and offers for spring wheat, white wheat, white shrimp and black tiger shrimp.
The magnitude of the world-wide shrimp industry and the sizable volume of consumption of this crustacean in the USA provide sufficient justification for the recent action of the Minneapolis Grain Exchange (MGE) in establishing a centralized facility for openly trading shrimp futures contracts.
In addition to feeds for CME and CBOT products, Savvis' CME Group feed features new connections to the New York Mercantile Exchange (NYMEX), the Kansas City Board of Trade (KCBOT) and the Minneapolis Grain Exchange (MGEX).
But this week, futures of spring wheat — which produces the flour used in hearth breads, rolls, croissants, bagels and pizza crust — were close to $18 a bushel on the Minneapolis Grain Exchange.

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