Product Overview

What are Corn futures?

A futures contract that allows market participants the opportunity to profit on or hedge against the price movements of the worlds most widely grown crop.

Why would you want to trade Corn?

  1. It is one of the most actively traded commodity contracts and is a very liquid contract.
  2. The U.S. is the leading corn producer and exporter and offers trading opportunities. 
  3. Corn prices are inversely related to the US dollar giving the traders to hedge against the dollar.

How do you trade Corn futures?

All market participants trading ZC monitor reports from the U.S. Department of Agriculture, or USDA.  The yearly highlight is the March issuance of the USDA’s Prospective Plantings Report, which details the quantity and type of crop U.S. farmers intend to plant.

Investors supplement this data with information from the quarterly Grain Stocks Report and the monthly Crop Production Report. Since the U.S. is the largest corn exporter, traders also consult the weekly export report for information about global demand.

These statistics are paired with historical data and weather projections to plan a trading strategy. 

Ready to get started trading futures?  You'll need to open an account with a broker.  Click Here to View a Broker List

Contract Specifications


Contract Month

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

Trading Hours

7:00pm – 7:45am (Sun–Fri) CT and 8:30am - 1:20pm (Mon-Fri) CT

Product

Corn

Contract Size

5000 bushels (~127 metric tons)

Trading Venue

CME offers electronic trading almost 24/6

Minimum Tick

¼ of one cent

Product Symbol

ZC

Dollar Value of One Tick

$12.50 per contract

Exchange Rulebook

CBOT 10

Settlement Procedures

Corn Settlement Procedures

Price Limit or Circuit

Price Limits

Settlement Method

Deliverable

Options Available

Quarterly, Serial, Weekly

Termination of Trading

Trading terminates on the business day prior to the 15th day of the contract month.

Contract Specifications


Product Name

Corn

Options Expirations

Weekly and Quarterly

Options Symbol

Weekly - ZC1-ZC5 Quarterly - OZC

Trading Venue

Globex

Trading Hours

7:00pm – 7:45am (Sun–Fri) CT and 8:30am - 1:20pm (Mon-Fri) CT

Type Of Expiration

American

Minimum Tick Size

1/8 of one cent per bushel ($6.25 per contract)

Corn ZC Price

Open
High
Low
Change
% Change
Volume
( )
Last Trade as of CST. 10 Minutes Delayed Quote. Powered by CQG

Futures Calendar

14 DEC Last Trade
CORN
ZCZ20
15 DEC Last Notice
CORN
ZCZ20
16 DEC Last Delivery
CORN
ZCZ20
Price Action Alerts Source Redsky Markets