QUOTE AND NEWS
Agrimoney.com  Apr 15  Comment 
Wheat prices soar 4% as the takeover of Ukraine building by pro-Russia demonstrators provides a flashpoint for fresh tensions. Corn futures gain too
Agrimoney.com  Apr 14  Comment 
Wheat prices soar 4% as the takeover of Ukraine building by pro-Russia demonstrators provides a flashpoint for fresh tensions. Corn futures gain too
CNBC  Apr 1  Comment 
Corn futures reached a seven-month record while soybean futures hit a contract high.
Agrimoney.com  Mar 31  Comment 
Corn futures hit a seven-month high after the US unveils smaller-then-expected inventory and sowings estimates. Data are mixed for soybeans and wheat
TheStreet.com  Mar 31  Comment 
NEW YORK (TheStreet) -- Mother nature is helping corn and maize traders and the lowly worm. Teucrium Corn , an ETF that tracks the price of the commodity, jumped more than 3% in today's trading. Much of that gain stemmed from a USDA report that...
Financial Times  Jan 10  Comment 
Publication of US government grain reports on Friday sent corn futures rising up to 4% in Chicago and seemed to mark a bottom for formerly weak prices




 

Corn futures are traded on the Chicago Board of Trade under ticker symbol C in cents per bushel. For electronic trading sessions, the symbol ZC is used.[1]

The chart at left shows front-month corn prices on the Chicago Board of Trade (CBOT) in U.S. cents per bushel.


Delivery Dates

Corn futures are delivered every year in March, May, July, September, & December.[1]

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
March, 2011CH11C/H11-CB
May, 2011CK11C/K11-CB
July, 2011CN11C/N11-CB
September, 2011CU11C/U11-CB
December, 2011CZ11C/Z11-CB

Contract Specifications

Contract Size

One Corn futures contract on the Chicago Board of Trade is 5,000 bushels.[1]

Daily Price Limit

$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.[1]

Trading Hours

Corn futures contracts trade on the CBOT floor through open outcry (pit sessions) Monday through Friday, 10:30 AM to 3:00 PM, US Eastern Time.

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.

Last Trading Day

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.[1]

Deliverable Grades

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.[1]

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 The Chicago Board of Trade's contract specification for Corn futures
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