Mini-Corn futures are delivered every year in March, May, July, September, & December.
The following is a table with mini-sized corn futures delivery dates and resultant tickers for 2009. For an explanation on commodity tickers see commodity ticker construction.
|Delivery Month||Full Ticker Symbol||Thomson-Reuters Symbol|
One Mini-Corn futures contract on the Chicago Board of Trade is 1,000 bushels.
$0.30 per bushel expandable to $0.45 and then to $0.70 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.
Trading of Mini-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 Mini-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.
Mini-Sized Corn Futures are identical in every way to the standard Corn Futures traded on the Chicago Board of Trade (CBOT) except that the contract size is significantly smaller (1000 bushels vs. 5000 bushels) compared to standard Corn Futures.