Corn Futures Futures


It’s great with butter and salt, but if you want to really sink your teeth into a commodity that is as versatile as it comes, then grab a corn futures contract. As one of the most actively traded commodity contracts at the CME Group, corn represents many things to many users.
The main use for corn is feed for livestock, but corn’s utility is varied and surprising. It’s used as a sugar, starch among other food additives, but it is also converted into fuel and even plastics. This is a product that has incredible flexibility and uses that many investors may not consider.
The list is long of uses for corn including:
Despite all of these modern applications for corn, prices are still heavily dependent on the same age-old elements – weather, crop reports, and supply and demand. Markets are pushed and pulled not only by US weather, but by conditions in other key growing regions around the world, not to mention by import and exports to other countries such as China, a massive player in today’s ag markets.
It is an exciting and challenging market. CME’s corn futures contract is offered in multiple sizes to fit commercial firms as well as individual traders.


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Contract Details

Contract Month  

H, K, N, U, Z (Mar, May, Jul, Sep, Dec)

Trading Venue  

CME offers electronic trading almost 24/6

Product Symbol  

ZC

Price Quotation  

U.S. Dollars and Cents per bushel

Trading Hours  

Sunday – Friday, 7:00 p.m. – 7:45 a.m. CT and Monday – Friday, 8:30 a.m. – 1:20 p.m. CT

Options Available  

Yes

Contract Size  

5,000 bushels

Minimum Tick  

0.0025

Dollar Value of One Tick  

$12.50

Notional Contract Value  

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Initial Margin  

$1,072.50