The Minneapolis Grain Exchange said futures and options trading in March was the highest ever for the month at 155,068 contracts. The previous record for the month was in 2007, the exchange said today in a statement on its website.
CME Group Inc., the world’s largest futures exchange, extended grain-trading hours today in response to the threat of competitors seeking a share of the electronic transactions that now dominate the market.
Soybeans fell from a 10-week high on speculation that higher cash prices prompted U.S. farmers to increase sales and as rains boosted crops in South America. Wheat also declined, while corn was unchanged.