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Specializing in the hard-red winter wheat contract, it was located at 4800 Main Street in Kansas City, Missouri. On October 17, 2012, CME Group announced it would acquire the exchange for $126 million in cash. [1] Under the terms, the Kansas City trading floor remained open for at least six months. [2]
A grain elevator or grain terminal is a facility designed to stockpile or store grain. In the grain trade , the term "grain elevator" also describes a tower containing a bucket elevator or a pneumatic conveyor , which scoops up grain from a lower level and deposits it in a silo or other storage facility.
In the 1960s, The Andersons opened the first deep-water grain loading facility on the US side of the Great Lakes. They were the first elevator in the US to load 100 car trains in Champaign, Illinois. They also opened the largest steel tank grain storage in Maumee, Ohio. Also in the 1960s, the company entered the Lawn Products business. [10]
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The broad classification of rice grown includes long-grain rice, medium-grain rice and short-grain rice. [27] While more than 100 varieties of rice are now grown in the world, in the US 20 varieties of rice are commercially produced, primarily in the states of Arkansas, Texas, Louisiana, Mississippi, Missouri, and California.
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