At a glance...BMD turnover....fcpo to the rescue!

FKLI's Jul vol +2% from Jun a a healthy 183k lot. Daily avg 8k lot.

FCPO's Jul vol +20% from Jun, at 360k, second highest this year as commodity asset stage strong rally in July, lead by wheat. Daily avg 16k lot.

BMDs' July vol +10%, at 543k lot, highest mthly vol this year. However, ytd vol is dw -10% amid a slow 1H that saw fkli vol -15% and fcpo vol -4% compared to 1H09.

Of BMD's total vol ytd, Fcpo represents 63%, fkli 35%.