Corn futures are delivered every year in March, May, July, September, & December.
The following is a table with corn futures delivery dates and resultant tickers for 2011. For an explanation on commodity tickers see commodity ticker construction.
|Delivery Month||Full Ticker Symbol||Thomson-Reuters Symbol|
One Corn futures contract on the Chicago Board of Trade is 5,000 bushels.
$0.40 per bushel expandable to $0.60 when the market closes at limit bid or limit offer. There shall be no price limits on the current month contract on or after the second business day preceding the first day of the delivery month.
Corn futures contracts trade electronically through the CME Globex electronic trading platform from 6:00 PM to 3:00 PM Sunday through Friday, US Eastern Time.
Trading of Corn futures contracts on the Chicago Board of Trade ends on the business day prior to the 15th calendar day of the contract month.
Deliverable Corn grades for futures contracts on the Chicago Board of Trade are: #2 Yellow at contract Price, #1 Yellow at a 1.5 cent/bushel premium #3 Yellow at a 1.5 cent/bushel discount.