Corn Futures Specifications
Contract
Size
5,000 bushels.
Deliverable Grades
No. 2 Yellow at par, No. 1 yellow at 1 1/2 cents per bushel over contract price,
No. 3 yellow at 1 1/2 cents per bushel under contract price.
Tick
Size
1/4 cent/bushel ($12.50/contract)
Price Quote
Cents/bushel
Contract Months
Dec, Mar, May, Jul,Sep
Last Trading Day
The business day prior to the 15th calendar
day of the contract month.
Last Delivery Day
Second business day following the last
trading day of the delivery month.
Trading
Hours
Electronic: 6:00 p.m. - 6:00 a.m. and 9:30 a.m. - 1:15 p.m. Central Time, Sun.-Fri.
Open Auction: 9:30 a.m. - 1:15 p.m. Central
Time, Mon-Fri.
Trading
in expiring contracts closes at noon on the last trading day.
Ticker
Symbols
Open Auction: C
Electronic: ZC
Daily
Price Limit
Thirty cent ($0.30) per bushel ($1,500/contract) above or below the previous day's settlement
price. No limit in the spot month (limits are lifted beginning on First Position Day).
Margin Information
Find information
on margins requirements for the Corn Futures.
