2014 was a record year for the Minneapolis Grain Exchange (MGEX) in total volume of trading at 2,177,740.

It marks the first time in history that the Exchange’s volume has surpassed 2 million in a calendar year. Electronic volume during 2014 was 1,856,423, which is also an all-time high for the Exchange.

Total volume from 2014 was 47 percent higher than it was during 2013. Five new monthly volume records were set during the year, which also included the highest open interest day in the history of MGEX – 82,056, set on April 17.

Following Wednesday’s activity, MGEX also set a new record for total volume during the month of December, finishing at 167,617. This is the second-straight month that the Exchange has set a new monthly record, having done so in November, as well. Electronic volume during December was also a new high for the month, coming in at 144,101 and the 18th best month electronically in Exchange history.