Commodity trading is not suitable for everyone. The risk of loss in trading can be substantial. This material has been prepared by a sales or trading employee or agent of Van Commodities, Inc. and is, or is in the nature of, a solicitation. This material is not a research report prepared by Van Commodities, Inc. Research Department. Please view our Risk Disclaimer.

Futures Contract Specifications

The corn contract specifications tell you how the corn futures trade, not how to trade to corn futures. Before you consider opening a commodity futures account you should consult with a licensed commodities broker.

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



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.

An Introduction to Trading

Click on the link above to download a printable .pdf booklet entitled “An Introduction to Trading CBOT Agricultural Futures and Options”. It is published by the Chicago Board of Trade. It is a must read guide for any novice or advanced trader considering an investment in the corn futures.

Click here to contact a licensed commodities broker with experience in the corn market.