Minneapolis Grain Exchange

Minneapolis Grain Exchange
Company typeSubsidiary
IndustryBusiness services
Founded1881 (1881)
Headquarters
ProductsFutures and options
ParentMiami International Holdings
WebsiteOfficial website
Minneapolis Grain Exchange
The three-building Minneapolis Grain Exchange viewed from the west
Location400 and 412 S. 4th St and 301 4th Ave. S., Minneapolis, Minnesota
Coordinates44°58′39″N 93°15′49″W / 44.97750°N 93.26361°W / 44.97750; -93.26361
Built1881 as Chamber of Commerce
ArchitectKees and Colburn (main building, 1902), Long, Lamoreaux & Long (east building, 1909), and Bertrand and Chamberlain (north building, 1928)
Architectural styleSullivanesque
NRHP reference No.95000821
Added to NRHPNovember 23, 1977

The Minneapolis Grain Exchange (MGEX) is a commodities and futures exchange of grain products. It was formed in 1881 in Minneapolis, Minnesota, United States as a regional cash marketplace to promote fair trade and to prevent trade abuses in wheat, oats and corn. MGEX became a subsidiary of Miami International Holdings after the two companies merged in 2020.

MGEX has been the principal market for Hard Red Spring Wheat (HRSW) since 1881, offering futures and options contracts based on its unique commodity. HRSW is one of the highest-protein wheats. It is found in bagels, pizzas, high-quality breads and cereals, and some noodles and cookies. It is planted mostly in the U.S. Northern Plains and the Canadian Prairies.