Minneapolis, MN – According to filings with the U.S. Securities and Exchange Commission, Minneapolis Grain Exchange, Inc. – MGEX is raising $110,550,000.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Mark Bagan played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Minneapolis Grain Exchange, Inc. – MGEX

Since its inception in 1881, MGEX has been the principal market for Hard Red Spring Wheat (HRSW) û first as a cash market, then futures and options. Millers, exporters, elevators, farmers and speculators look to MGEX when they trade HRSW wheat and with good reason. Known for its stable and reliable trading environment, MGEX has a reputation as a good place to do business. It offers the liquidity, the product line and the oversight to ensure fair and accurate trading for all its participants. MGEX offers six contracts: our flagship HRSW and five index-based products. Index futures and options are offered on Hard Red Spring Wheat (HRSI), Hard Red Winter Wheat (HRWI), Soft Red Winter Wheat (SRWI), Corn (NCI) and Soybeans (NSI). Indexes are calculated daily by Omaha-based electronic commerce and information services company, DTN.

To learn more about Minneapolis Grain Exchange, Inc. – MGEX, visit http://www.mgex.com/

Contact:
Mark Bagan, President and Chief Executive Officer
612-321-7166
mbagan@mgex.com
https://www.linkedin.com/in/mark-bagan-a951087/

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