Corn exchange

Building where farmers and merchants traded cereal grains
The Exchange in Bristol
Corn Exchange, London circa 1809

A corn exchange is a building where merchants trade grains. The word "corn" in British English denotes all cereal grains, such as wheat and barley; in the United States these buildings were called grain exchange. Such trade was common in towns and cities across England until the 19th century, but as the trade became centralised in the 20th century many such buildings were used for other purposes. Several have since become historical landmarks.

In the United States, the Minneapolis Grain Exchange is still used to manage the commodities and futures exchange of grain products.[1]

History in England

Corn exchanges were initially held as open markets normally controlled by the town or city authorities. Dedicated corn exchanges start appearing in the earlier part of the 18th century, increasing greatly following the repeal of the Corn Laws in 1846.[2] They declined after the Great Depression of British Agriculture in the late 19th century.[3]

List of corn exchanges

Australia

  • Corn Exchange, Sydney

Canada

  • Winnipeg Grain Exchange

Ireland

  • Corn Exchange, Athy
  • Corn Exchange, Dublin
  • Corn Exchange, Wexford

United Kingdom

England

See also: Corn exchanges in England

Scotland

United States

See also

References

  1. ^ "Excessive speculation in the wheat market" (PDF). United States Senate. June 24, 2009. Retrieved 14 June 2023.
  2. ^ Sheppard, Francis Henry Wollaston (1971). London, 1808–1870: The Infernal Wen. University of California Press. p. 188. ISBN 978-0520018471.
  3. ^ Fletcher, T. W. (1973). 'The Great Depression of English Agriculture 1873-1896' in British Agriculture 1875-1914. London: Methuen. p. 31. ISBN 978-1136581182.
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