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How is corn traded in Chicago?

In Chicago, corn is traded in bushels and a contract there comprises 5,000 bushels (approx. 127 tons "t"). The futures exchanges make the markets more transparent and are the first to show price developments. The effects of these price developments can be considerable.

How much does corn cost per bushel?

Corn futures reached $4.6 per bushel after dipping to $4.1 in mid-March as this spring’s weather conditions with plenty of rain are causing some delays in planting the crop as opposed to last year.

Where can I trade corn futures?

Corn Futures are available for Trading in The Chicago Board of Trade (CBOT® ) which was established in 1848 and is a leading futures and futures-options exchange. More than 3,600 CBOT member/stockholders trade 50 different futures and options products at the CBOT by open auction and electronically.

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