Farming, Friday, January 9, 1999
CSCE Ends 1997 With Record-
Breaking Volume Trading Year
(NEW YORK, NY.) - Futures
and options trading at the
Coffee, Sugar & Cocoa
Exchange, Inc. (CSCE) reached
historic proportions in 1997 with
13,066,042 total contracts trad
ed - the largest annual total vol
ume since the founding of the
Exchange in 1882. The record
setting performance surpassed
the previous all-time annual vol
ume record of 12,664,052 total
contracts traded in 1994.
All the Commodities markets
(coffee, sugar, cocoa and dairy
products) demonstrated
strength in the past year.
Overall futures trading set an
all-time annual mark of
10,022,427 contracts. Options
hit an all-time annual record of
3,043,615 contracts traded for
the year. The last futures record
of 9,947,040 contracts traded
was established in 1994. The
options record of 3,020,526 con
tracts had stood since 1990.
DAIRY
CATTLE
SALE
WEDS. EVE.
Jan. 21,'1998
7:15 P.M.
Local consignments of
Fresh Cows, Springers,
Bred Heifers, Service
Bulls and Small Heifers
FOUR
STATES
LIVESTOCK
SALES
Hagerstown, Md.
301-733-8120
David S. King
Iron Worker
Manufacturer of
Church Bench
folding hinget.
SCOTCHMAN BEWO
CIRCULAR COLD SAW
Check Us For Used
Iron Workers
Selling:
873 South Railroad Street,
Myerstown, PA 17067
717-866-0656
Individual markets set all
time records as well, with coffee
and cocoa options both bypass
ing all-time volume records by
mid-December of 1997. The
trading of 1,272,767 coffee puts
and calls in 1997 surpassed the
1994 record annual total of
1,208,925 coffee options. The
new annual high of 399,408
cocoa options traded replaced
the 1990 mark of 344,944 con
tracts. Cocoa traders also set
and quickly topped record all
time open interest highs for both
futures and options. The new
options open interest mark of
64,900 contracts outstanding
was established on November 6,
1997. Cocoa futures open inter
est high occurred on October 14
when 114,240 contracts were
outstanding.
World sugar futures also
experienced record activity as
new open interest records were
set in the last quarter of the
year. On December 9, world
sugar futures reached an open
interest high of 210,419 con
tracts outstanding.
The Coffee, Sugar & Cocoa
Exchange, Inc. is the world’s
leading marketplace for futures
and options trading in these
three international commodi
ties, and since 1993, an innova
tor in futures and options trad
ing in dairy markets.
Global Markets
for Global Markets
Since 1882
A LESSON
WELL
LEARNED...
LANCASTER
FARMING'S
CLASSIFIED
ADS
GET RESULTS!
Dunloggin Lives On
(Contimwd turn Pag* AM)
“I really like competing.
Sue's a good coach. Everyone
has a style. She doesn’t change
my style, but she sees things you
might have missed,” Andy said
of his coach.
Andy owns 10 milking cows
and four heifers in his father’s
herd. He hopes to serve on Penn
State’s Dairy Judging Team.
After graduation, he plans to
return home, build a modern
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This year the Agßestore® staff is pleased to announce the Pennsylvania
and Maryland conferences as follows
Cumberland, MD
Tuesday, January 27,1998
PONDEROSA Steakhouse
12107 Winchester Road, SW
LaVale, MD
9:00 AM to 3.00 PM
For Reservations Call.
Maurice Sinan 412 733-2594
Alvin Halteman 717 263-4365
Glenn Schrock 814 662-2048
Paul Petersheim 301 334-9640
• Dr. Gary Pusillo, one of the
country's leading commercial
formulating livestock
nutritionists.
•Dr. Kate Jacques directs
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means of improving animal
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For more information regarding this and other seminars
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94 East Bremer Avenue
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Quality Products for the Biological Farmer
facility, increase the size ot the
herd, and improve herd average
and BAA.
While James 0. still looks for
bulls with a touch of Dunloggin
in them, Andy is more attracted
to the Canadian bloodlines. But
one thing is for sure. Andy’s for
mula for success will include
wisdom learned from his father,
you can’t sell your best cow, and
it takes a lifetime to build a
herd.
New Holland, PA
Thursday, January 29,1998
Yoder's Restaurant
New Holland, PA
9:00 AM to 3:00 PM
For Reservations Call:
Homestead Nutrition 717 354-4398
Elvin Ranck 717 436-9142
Melvin Stoltzfus 610 869-9627
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•Cart Mathiason has worked in
the agronomy field all of his
adult life, collaborating with
world renowned agronomists
throughout his career. He
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organic and biological soil
programs.