CBOT - Corn Quotes Open Auction

Corn Futures

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

Twenty cent ($0.20) per bushel ($1,000/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.