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Mini-Corn Futures Contract Specs

Contract Size 1,000 bushels (~ 25 Metric Tons)
Deliverable Grade #2 Yellow at contract Price, #1 Yellow at a 1.5 cent/bushel premium #3 Yellow at a 1.5 cent/bushel discount
Pricing Unit Cents per bushel
Tick Size (minimum fluctuation) 1/8 of one cent per bushel ($1.25 per contract)
Contract Months/Symbols March (H), May (K), July (N), September (U) & December (Z)
Trading Hours CME Globex (Electronic Platform)
Sunday - Friday, 7:00 p.m. - 7:45 a.m. CT and
Monday - Friday, 8:30 a.m. - 1:45 p.m. CT
Open Outcry (Trading Floor)
Monday - Friday, 8:30 a.m. - 1:45 p.m. CT
Daily Price Limit Daily Price Limits Consistent with standard-sized Corn futures.
Settlement Procedure Daily Mini Corn Settlement Procedure (PDF)
Final Mini Corn Settlement Procedure (PDF)
Last Trade Date The business day prior to the 15th calendar day of the contract month.
Last Delivery Date Second business day following the last trading day of the delivery month.
Product Ticker Symbols CME Globex (Electronic Platform) XC
YC=Clearing
Open Outcry (Trading Floor) YC
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CBOT.