Corn Futures

Corn is the leading field crop in the United States.

Contract Specifications:

Contract Size: 5,000 bushels

Deliverable Grades: No. 2 Yellow at par, No. 1 yellow at 1 1/2 cents per bushel over contract price, No. 3 yellow at 1 1/2 cents per bushel under contract price

Tick Size: 1/4 cent/bushel ($12.50/contract)

Price Quote: Cents/bushel

Contract Months: Dec, Mar, May, Jul, Sep

Last Trading Day: The business day prior to the 15th calendar day of the contract month.

Last Delivery Day: Second business day following the last trading day of the delivery month.

Trading Hours

Electronic: 6:00 p.m. – 6:00 a.m. and 9:30 a.m. – 1:15 p.m. Central Time, Sun.-Fri.

Open Auction: 9:30 a.m. – 1:15 p.m. Central Time, Mon-Fri.

Trading in expiring contracts closes at noon on the last trading day.

Ticker Symbols

Open Auction: C

Electronic: ZC

Daily Price Limit: Thrity cent ($0.30) per bushel ($1,000/contract) above or below the previous day’s settlement price. No limit in the spot month (limits are lifted beginning on First Position Day).

CBOT mini-sized Corn Futures (YC)

Contract Size: 1,000 bushels

Deliverable Grades: No. 2 Yellow at par, No. 1 yellow at 1 1/2 cents per bushel over contract price, No. 3 yellow at 1 1/2 cents per bushel under contract price.

Tick Size: 1/8 cent/bushel ($1.25 per contract).

Price Quote: Cent/bu (1,000 bu)

Contract Months: Dec, Mar, May, Jul, Sep

Last Trading Day: The business day prior to the 15th calendar day of the contract month.

Last Delivery Day: Second business day following the last trading day of the delivery month.

Trading Hours

Electronic: 6:00 p.m. – 6:00 a.m. and 9:30 a.m. – 1:45 p.m. Sunday-Friday

Open Auction: 9:30 a.m. to 1:45 p.m. Central Time, Mon-Fri.

Trading in expiring contracts closes at noon on the last trading day.

Ticker Symbols

Open Auction: YC

Electronic: XC

Daily Price Limit: Thirty cents ($0.30) per bushel ($200 per contract) above or below the previous day’s settlement price. No limit in the spot month (limits are lifted beginning on First Position Day).

Trading involves substantial risk of loss and is not suitable for all individuals. Past Performance is not indicative of future results.