MGEX Agricultural Index Products

The five MGEX financially settled agricultural index contracts (NCI, NSI, HRSI, HRWI, SRWI) provide solid trading options for traditional hedgers and speculators. Whether you want to create a synthetic basis trade, a storage hedge or simply lay off risk from another trade, the MGEX indexes are tools you can use to get it done.

The chart below shows an October NCI-December 2006 CBOT Corn Futures Spread (synthetic basis). Read the detail behind this example.

Wheat Spreading Options

The three MGEX wheat index products provide traders with myriad trading opportunities. Learn more about using these indices in your trading strategies.

Predictable Basis Helps Hedgers Use Futures To Minimize Risk

Predictable basis and reliable convergence between cash and futures markets are needed to make good merchandising and hedging decisions. Because they are financially settled to a spot index of country elevator pricing as calculated by DTN, MGEX agricultural index products ensure convergence. Wheat basis and convergence charts for Northern Ohio and Toledo are available.

The MGEX website offers tools to help you compare the index contract and the futures market performance by simply changing the index symbol and or futures market symbol where indicated in the spread sheet. Take a look at the comparisons for Wheat, Corn and Soybeans.

MGEX Agricultural Index Trading Strategies Webinar with Jim McCormick

To learn more about trading strategies with the five MGEX financially settled agricultural index products, simply click the link above and view the 29-minute DTN-MGEX sponsored webinar with Jim McCormick, commodity broker at Allendale Inc. 

Learn more about MGEX Agricultural Index Products:

MGEX Index FAQ   Contract Specifications    Financial Settlement Defined    Agricultural Indexes Brochure    

Wheat Spread Opportunities    Index Futures Monthly Settlement Prices    Historical Spot DTN Indexes   

The Options Advantage     Sparks Study of MGEX Indexes       Quotes and Charts      MGEX MarketNews Archive

Trading at MGEX:

Margin Requirements    Trading and Clearing Fees      Electronic Trading Information 

MGEX Ticker Symbols and Trading Hours         Trading Calendars and Exchange Holidays

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