commodities trading

Amy Mayer/Harvest Public Media

On a frigid winter day, Chad Hart tries to warm his economics students at Iowa State University to the idea of managing some of the risk of farming using the commodity markets. Because, as he told them on the first day of class, farmers don’t make money planting or harvesting crops; they make money selling them. And Hart knows that marketing—managing those sales for the best profit—can be intimidating.

Last call for wheat trading in Kansas City

Jun 27, 2013
KCBT

For 157 years, the price of most wheat grown on the plains has been set by the Kansas City Board of Trade. That will soon come to an end.

In October 2012, Chicago-based CME Group acquired the Kansas City Board of Trade. Operations move to Chicago as of July 1 – and the last call on the Kansas City trading floor takes place on Friday. Here's a look back at the long history of the Board of Trade – and the end of an era.

Deep roots in KC