What are corn futures?

Corn futures are CFTC-regulated, exchange-traded contracts on the Chicago Board of Trade (CBOT) and are one of the top 5 most-commonly traded commodity futures. Corn is the most widely grown crop across the United States, and corn futures contracts are the most active market in grains and oilseeds. The greatest use for corn is as a basis for livestock and poultry feed. But corn also serves as an important ingredient in many of the foods we eat every day - corn oil for margarine, corn starch for gravy, and corn sweeteners for soft drinks, just to name a few. Nonfood uses of corn include alcohol for ethanol fuel, absorbing agents for disposable diapers, and adhesives for paper products.

Start trading corn futures for just $1.50 commission per contract pricing.

How to trade corn futures

Corn futures are traded electronically on the Globex® platform from 8:00 p.m. U.S. ET to 2:20 p.m. U.S. ET on the following day, at 5,000 bushels per contract. An account approved to trade futures is required in order to trade corn futures.

Corn futures contract specifications

Considering trading corn futures? Here are the corn futures contract specifications.

Corn futures contract specifications
Exchange Chicago Board of Trade, C
Contract Size 5,000 bushels
Minimum Tick Size and Value 0.25, worth $12.50 per contract.
Trading Times Corn futures are traded electronically on the Globex® platform from 8:00 p.m. U.S. ET to 2:20 p.m. U.S. ET on the following day. Please note that there is a maintenance period from 8:45 a.m. U.S. ET until 9:30 a.m. U.S. ET during which trading is halted.
Principal Trading Months Principal trading months for corn futures include March, May, July, September, and December.

With a Schwab futures account, you also get access to advanced trading platforms and education, where you can take advantage of actionable research, real-time corn futures quotes, and other specialized tools.

Corn FAQ

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