Corn Futures Specifications
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.
1/4 cent/bushel ($12.50/contract)
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.
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
in expiring contracts closes at noon on the last trading day.
Open Auction: C
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).
on margins requirements for the Corn Futures.