BNET Industries

Last Fiscal Year Sales:$17.5M
  • Private
  • US
Dow Jones Description

Since its inception in 1881, MGEX has been the principal market for hard red spring (HRS) wheat first as a cash market, then futures and options. Millers, exporters, elevators, farmers and speculators look to MGEX when they trade HRS wheat and with good reason. Known for its stable and reliable trading environment, MGEX has a reputation as a good place to do business. It offers the liquidity, the product line and the oversight to ensure fair and accurate trading for all its participants. MGEX now offers new index-based contracts in addition to their flagship hard red spring wheat. Index futures and options contracts are offered on hard red spring wheat (HRSI), hard red winter wheat (HRWI), soft red winter wheat (SRWI), corn (NCI) and soybeans (NSI). These indexes are calculated daily by Data Transmission Network (DTN), an Omaha-based electronic commerce and information services company.

President & CEO
Mark G Bagan
Number of Employees 34
Contact Information

400 S 4th St

Minneapolis, Minnesota 55415

www.mgex.com

1 612 321 7101

NAICS Code Commodity Contracts Brokerage: 523140

News & Analysis

minneapolis grain exchange - All News and Analysis

  • Minneapolis Grain Exchange

    - 2008-06-01

    The Minneapolis Grain Exchange launched side-by-side hard red spring wheat options. www.mgex.com

    Tags: Minneapolis Grain Exchange

  • Minneapolis Grain Exchange

    - 2008-05-01

    The Minneapolis Grain Exchange names Rita Maloney as Mgr of Mktg, Comms and Media Relations, working directly with brokers and other marketing partners to promote the Exchange. [ILLUSTRATION OMITTED] Most recently, she worked at WCCO radio where she served as Business Editor and Anchor.

    Tags: Minneapolis Grain Exchange

  • Market Talk: Opportunities Limited To Lock In High Wheat Prices.

    - 2008-01-21

    WINNIPEG, MB, Jan 21, 2008 Resource News International via COMTEX -- The following is a collection of opinions of traders at ICE Futures Canada and Canadian grain industry representatives. Winnipeg, MB, Jan. 21, 2008 Resource News - Western Canadian farmers still holding onto...

    Tags: Minneapolis Grain Exchange

  • Minneapolis Grain Exchange

    - 2007-11-01

    Public directors appointed to the Minneapolis Grain Exchange by the board to serve one-year terms include Curt Denisuik, Canadian Wheat Board; Robert D. Gordon, CEO of DTN; James S. Ginsburg, Managing Partner at Vernon & Park Capital, L.P., and William R. Power. Scott A. Cordes, Country Hedging, Inc., is...

    Tags: Minneapolis Grain Exchange

  • DTN CEO Appointed Public Director by the Minnesota Grain Exchange

    - 2007-10-26

    Minneapolis Grain Exchange MGEX or Exchange Board of Directors names DTN CEO, Robert Gordon, a 2007-2008 public director OMAHA, Neb. -- DTN, a leading business-to-business provider of real-time market, news and weather information services, announced today that Robert Gordon, DTN chief executive officer, has been appointed to serve as...

    Tags: Minneapolis Grain Exchange

Decision Makers

Name (plus bio) Position
Mark G Bagan President & CEO
Jesse M Bartz Chief of Staff
Georgette McDonald Director of Business Services and Product development
James D Facente Director of Market Operations, Clearing & It
James S Ginsburg Public Director
Layne G Carlson Director of Building Operations
Nancy J Krull Director of Marketing
Sandra S Sullivan Director of Market Regulation
Kris W Nelson Manager, Clearing
Brad Wallin Trader
Jon Riley
Raymond Lottie
Richard H Browne
Scott A Cordes

Board of Directors

Name (plus bio) Position
Ronald D Olson Chairman
James D. Wilmes Board of Directors
Michael Krueger Board of Directors
Steve Greenberg Board of Directors

Organization Position Status
Minneapolis Grain Exchange President & CEO Current

Organization Position Status
Minneapolis Grain Exchange Chief of Staff Current
Minneapolis Grain Exchange Assistant Corporate Secretary Former

Organization Position Status
Minneapolis Grain Exchange Director of Business Services and Product development Current

Organization Position Status
Minneapolis Grain Exchange Director of Market Operations, Clearing & It Current

Organization Position Status
Vernon & Park Capital, L.P. Managing Partner Current
Minneapolis Grain Exchange Public Director Current

Organization Position Status
Minneapolis Grain Exchange Director of Building Operations Current

Organization Position Status
Minneapolis Grain Exchange Director of Marketing Current

Organization Position Status
Minneapolis Grain Exchange Director of Market Regulation Current

Organization Position Status
Minneapolis Grain Exchange Manager, Clearing Current

Mr. Wallin works primarily in the agribusiness industry, and is a member/trader of the Minneapolis Grain Exchange as well as an officer of a small grain processing firm known as Montana Specialty Mills LLC. This company, based in Great Falls, Montana, is a processor of both organic and conventional specialty crops. Mr. Wallin has been actively involved in several nonprofits for many years, most notably with Family and Children's Service, Hennepin County Library Foundation, and Compatible Technology International. He currently resides in Edina, Minnesota with his wife, Cyndy, and their four children.

Organization Position Status
Minneapolis Grain Exchange Trader Current
The Compatible Technology, Inc Board of Directors Current

Organization Position Status
Minneapolis Grain Exchange Current

Organization Position Status
Minneapolis Grain Exchange Current
General Mills, Inc. Former
University of Minnesota Bachelor of Science Degree In Business Administration Former

Organization Position Status
Minneapolis Grain Exchange Current

Organization Position Status
Minneapolis Grain Exchange Current

Organization Position Status
Ngfa Top Industry Officer Current
Ngfa Chairman Current
Minneapolis Grain Exchange Chairman Current
General Mills, Inc. Former
ContiGroup Companies, Inc. Former
Minneapolis Grain Exchange Board Member Former
Iowa State University Masters In Economics Former
Iowa State University Undergraduate Degree In Agricultural Business Former

Organization Position Status
Bay State Milling Company Executive Vice President of Operations Current
Minneapolis Grain Exchange Board of Directors Current
St. John's University BA In Economics Former

Organization Position Status
World Perspectives Founder and President of the Money Farm Current
World Perspectives Senior Analyst Current
Minneapolis Grain Exchange Board of Directors Current
Agri-Mark, Inc. Co-Founder Former
Cargill, Incorporated Former

Organization Position Status
Alaron Highland Park President and CEO Current
Alaron Trading Corporation President and CEO Current
Alaronfx, Inc. President and CEO Current
Minneapolis Grain Exchange Board of Directors Current
Minneapolis Grain Exchange Member Current
University of Chicago Graduate School of Business MBA Former
Boston University BA In International Relations Former
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