date:Oct 19, 2012
hed its signature contract in 1883 to trade the region's hard red spring wheat, a high-protein variety used to make bread and frozen dough products that today accounts for about a quarter of all U.S. wheat production.
Perhaps the exchange's greatest fame came in early 2008 as spring wheat futures skyrocketed to $25 a bushel, the highest-ever price for any U.S. wheat contract, amid historically tight U.S. and world supplies of high-protein wheat.
MGEX staff have spent the last few years working