Agricultural Products


Modifications to Short-Dated New Crop Options: March Contract Added for Corn and Soybeans View the SER

Short-Dated New Crop Options

A Cost-Effective Tool for Trading New Crop Markets

Short-Dated New Crop options provide a short term alternative for trading new crop corn, soybeans and wheat. These options reference the new crop month but because they expire earlier than the traditional new crop options, their premiums are typically lower. Short-Dated New Crop options on Corn, Soybeans, Chicago Soft Red Winter (SRW) Wheat and KC Hard Red Winter (HRW) Wheat futures offer enhanced hedging flexibility and an array of trading opportunities for those seeking a cost-effective way to take a position in new crop futures contracts.


  • The underlying futures contracts are December Corn, November Soybeans and July Wheat.
  • Contract listings:
    • Corn and Soybeans: March, May, July, and September
    • Chicago SRW Wheat and KC HRW Wheat: December, March and May

Now Available: KC HRW Wheat Short-dated New Crop Options


  • Premiums typically lower than standard new crop options because of reduced time value
  • Commercial hedgers can manage risk during specific windows of the growing season at reduced costs.
  • Grain elevators can hedge a lower cost “window” version of traditional minimum price contracts.
  • New opportunities to trade high impact events on new crop markets, such as USDA reports or a change in the weather outlook.
  • Arbitrage opportunities with Calendar Spread Options (CSOs), as well as standard, serial and Weekly Agricultural options.
See Short-Dated New Crop Corn options quotes
See Short-Dated New Crop Soybean options quotes
Short-Dated New Crop KC HRW Wheat options quotes
See Short-Dated New Crop Chicago SRW Wheat options quotes

Contract Listings

Product Information and Resources

2014 Contract Listings

Short-Dated New Crop Option
Underlying Futures
Short-Dated New Crop Option Contract Months
December 2014
March, 2014, May 2014, July 2014, September 2014
November 2014
March, 2014, May 2014, July 2014, September 2014
July 2014
December 2013, March 2014, May 2014
KC HRW Wheat
July 2014
December 2013, March 2014, May 2014

2014 Short-Dated New Crop Corn and Soybeans options will be listed August 26, 2013
Dec 2013, Mar 2014 and May 2014 Short-Dated New Crop Wheat and KC HRW Wheat options were listed August 26, 2013



North America
Joanna Litchfield
Manager, Agricultural Products
+1 312 338 2653

Randy Shao
+1 312 648 3795

Steven Stasys
Director, Agricultural Products
+1 312 648 3822

Susan Sutherland
Senior Director, Agricultural Products
+1 312 930 2325

Brenda Tucker
Executive Director, Commercial Client Sales
+1 312 454 8304
Jeffry Kuijpers
Executive Director, Agricultural Products
+44 20 3379 3729

Lisa Kallal
Director, Commercial Client Sales
+44 20 3379 3725
Nelson Low
Executive Director, Agricultural Products
+65 6593 5570

Tina Liao
Director, Commercial Sales
+65 6593 5569




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