High Quality Content by WIKIPEDIA articles! The Minneapolis Grain Exchange was formed in 1881 as a regional cash marketplace to promote fair trade and to prevent trade abuses in wheat, oats and corn.MGEX has been the principal market for Hard Red Spring Wheat since 1881, offering futures and options contracts based on its unique commodity. Futures are traded exclusively electronically on the CME Globex platform. Options are traded side-by-side. HRSW is one of the highest-protein wheats. It is found in bagels, high-quality breads and cereals. It is planted mostly in the U.S. Northern Plains and the Canadian Prairies.

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