The Chicago Board of Trade today announced that trading in its Agricultural complex set a new volume record yesterday, as volume reached 1,057,623 Agricultural futures and options contracts. The previous record, 1,047,096 contracts, was set on November 8, 2006.


Electronic trading of Agricultural futures and options contracts also set a new record yesterday. A total of 438,845 futures and options contracts traded electronically – a 46 percent increase over the previous record, 299,671 contracts on November 8, 2006. In addition, Agricultural futures climbed to a new daily record as 851,023 contracts were traded. The previous record of 818,513 contracts was set on November 8, 2006.

CBOT President and CEO Bernard W. Dan said, “Setting volume records underscores our market participants’ confidence in CBOT’s highly liquid markets and its open auction and electronic trading platform. The strength of CBOT’s Agricultural markets continues to meet the rising global demand for Agricultural risk management and the expansion of the Exchange’s reach to customers around the world.”

In addition to yesterday’s Agricultural complex records, the Exchange also set daily records in its Corn complex. CBOT Corn futures volume rose to a new high, as 488,976 contracts were traded. The earlier record, 475,933 contracts, was set on November 8, 2006.

Meanwhile, open interest in CBOT Corn futures reached a record 1,450,540 contracts yesterday, surpassing the previous record, 1,429,541 contracts, set on November 20, 2006.