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Posts tagged: Minneapolis Grain Exchange

USDA Market News Helps Minneapolis Grain Exchange Launch Apple Juice Contract

The USDA Market News Division of the Agricultural Marketing Service (AMS) works with various processors, buyers and brokers to track a wide variety of commodities. Since September 2010, USDA Market News has been reporting apple juice concentrate (AJC) prices as part of the National Apple Processing Report.  This report also includes information on prices for apple varieties, shipments, and quantities utilized in the processing of apples on a weekly and yearly basis.

The Minneapolis Grain Exchange, a Designated Contract Market and Derivatives Clearing Organization, announced the official launch date for its new apple juice concentrate futures and options contract on August 13, 2012. The exchange developed the apple juice concentrate contract after thorough preparation and collaboration with many segments representing the apple juice industry as well as USDA, AMS, Fruit and Vegetable Market News. Read more »