In October 2012, Chicago-based CME Group acquired the Kansas City Board of Trade, the more than 150-year-old wheat exchange. Operations move to Chicago as of July 1 – and the last call on the Kansas City trading floor takes place on Friday. We take a look back at the long history of the Board of Trade – and the end of an era.
For 157 years, the price of most wheat grown on the plains has been set by the Kansas City Board of Trade. That will soon come to an end.