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.

What is the difference between Euronext and tge corn futures?

Euronext Corn futures are traded in units of 50 tonnes and contract prices are quoted in dollars and cents per metric ton. TGE Corn futures prices are quoted in yen per metric ton and are traded in lot sizes of 50 tonnes . Consumers and producers of corn can manage corn price risk by purchasing and selling corn futures.

What happened to US corn futures in 2021?

US corn futures gained about 22% over the course of 2021. US corn futures prices have remained elevated since the beginning of 2022, opening the year at around $5.90/BU. Corn prices shot up following Russia's invasion of Ukraine.

What is a yellow corn futures contract?

These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results. Each futures contract shall be for 5,000 bushels of No. 2 yellow corn at par, No. 1 yellow corn at 1.5 cents per bushel over contract price, or No. 3 yellow corn at 1.5 cents per bushel under contract price.