(NDAgConnection.com) – The Minneapolis Grain Exchange reported May 2022 trading volume of 263,158 contracts, representing a 0.8% year-over-year increase and a 7.3% increase from April 2022. Total year-to-date volume reached a record 1,439,543 contracts, an increase of 5.0% from the same period in 2021.

MGEX reported Hard Red Spring Wheat (HRSW) Futures volume of 211,586 contracts in May 2022, a decrease of 14.9% YoY and an increase of 10.1% from April 2022. HRSW Options volume totaled 10,283 contracts in May 2022, an increase of 24.9% YoY and a 195.7% increase from April 2022.

SPIKES Futures volume totaled 41,289 contracts in May 2022, representing a 16.7% decrease from April 2022 and an average daily volume of 1,966 contracts.