WSE to launch food trading platform

The Warsaw Stock Exchange plans to launch a trading platform for agricultural products, the bourse said. The market, dubbed for now “The National Food Platform,” will first introduce the instruments based on wheat prices. The grain was chosen for its high levels of production in Poland (11 million metric tons annually), and relatively good standardization opportunities. The agriculture ministry will be responsible for coordinating the project, with the WSE, Financial Supervision Authority (KNF), and Agricultural Market Agency involved as well.