Traders yawn at oats, peas futures

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Published: January 4, 2001

The price boards at the Winnipeg Commodity Exchange may be new, but one thing on them hasn’t changed.

The trading volume for two of the exchange’s six futures contracts continues to be zero.

Exchange committees have looked at the peas and oats futures contracts, and decided they will stay listed despite the lack of interest in trading them.

The peas contract is “under major revision,” said Bruce Love, director of marketing at the WCE.

“Obviously, with everything else that’s going on (here), we can’t do everything.”

Members believe the oats contract is technically sound and the exchange won’t be making any changes to it, he said.

“Oats is oats. It stays as it is.”

The exchange is also finalizing some major revisions to its feed wheat futures contract, and hopes to make an announcement about the changes early in 2001.

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Roberta Rampton

Western Producer

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