What is the wheat pit like today in the Chicago Board of Trade?
September 20, 2009 6:50 AM Subscribe
Is the place where the de facto price of grain is set world-wide, the Chicago Board of Trade "wheat pit," still a cacophony of live in-person bidders yelling and making hand signals while wearing platform shoes and bright jackets, or has it become electronic and silent? Or are both types of bidding possible? If it changed, when did it do so and why?