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Mini-Corn Futures Contract Specs

Contract Unit 1,000 bushels (~ 25 Metric Tons)
Price Quotation Cents per bushel
Trading Hours Sunday - Friday, 7:00 p.m. - 7:45 a.m. CT and
Monday - Friday, 8:30 a.m. - 1:45 p.m. CT
Minimum Price Fluctuation 1/8 of one cent per bushel ($1.25 per contract)
Product Code CME Globex: XC
CME ClearPort: YC
Clearing: YC
Listed Contracts March (H), May (K), July (N), September (U) & December (Z)
Settlement Method Deliverable
Termination Of Trading The business day prior to the 15th calendar day of the contract month.
Settlement Procedures Mini-Corn Settlement Procedures
Position Limits CBOT Position Limits
Exchange Rulebook CBOT 10B
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Last Delivery Date Second business day following the last trading day of the delivery month.
Grade And Quality #2 Yellow at contract Price, #1 Yellow at a 1.5 cent/bushel premium #3 Yellow at a 1.5 cent/bushel discount