commodities trading

Commodity Challenge
8:00 pm
Thu February 20, 2014

A fantasy game for realizing farm profit

Robbie Maass shows his mother, Leah, the Commodity Challenge game that is helping him understand market tools. Leah Maass says her farm could benefit from better use of the tools and she’s hoping Robbie will be able to learn how to put them to work for the family.
Credit 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.

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Harvest Public Media story
8:01 pm
Thu June 27, 2013

Last call for wheat trading in Kansas City

Kansas City Board of Trade trading floor circa 1930s
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

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