1. Introduction to Commodities
  2. Commodities: Cocoa
  3. Commodities: Coffee
  4. Commodities: Copper
  5. Commodities: Corn
  6. Commodities: Cotton
  7. Commodities: Crude Oil
  8. Commodities: Feeder Cattle
  9. Commodities: Gold
  10. Commodities: Heating Oil
  11. Commodities: Live Cattle
  12. Commodities: Lumber
  13. Commodities: Natural Gas
  14. Commodities: Oats
  15. Commodities: Orange Juice
  16. Commodities: Platinum
  17. Commodities: Rough Rice
  18. Commodities: Silver
  19. Commodities: Soybeans and Soybean Oil
  20. Commodities: Sugar
  21. Commodities: Wheat
  22. Understanding Commodities Trading

Corn is one of the world’s most versatile and complex grains. While it’s generally thought of as a dietary staple, the market for corns extends beyond the dinner table: It’s also widely used as animal feed and in biofuels, sweeteners and other consumer products.

Contract Specifications

Ticker Symbol


Contract Size

5,000 bushels (about 127 metric tons)

Contract Months

H, K, N, U, Z

Trading Hours

CME Globex: Sunday – Friday, 8:00 p.m. – 8:45 a.m. and

Monday – Friday, 9:30 a.m. – 2:20 p.m.

Last Trading Day

The business day prior to the 15th calendar day of the contract month

Price Quote

U.S. dollars and cents per bushel

Tick Size

¼ of one cent per bushel ($12.50 per contract)


Worldwide, corn is produced on every continent except Antarctica. The U.S. accounts for about 40% of global corn production, with more than 15 billion bushels of corn each year – more than any other country. Other top producers include China, Brazil, the EU and Argentina.             

Price Drivers

The price of corn is largely driven by the overall performance of the grains group. However, there are other factors that influence corn’s price movements, including:

  • demand for corn-based ethanol
  • the strength of the U.S. dollar
  • government regulation
  • emerging market demand (as incomes rise, demand for meat products increases; half of U.S. produced corn is used for livestock feed)
  • extremely wet or dry weather or natural disasters



Commodities: Cotton
Related Articles
  1. Investing

    5 Grocery Items Affected By The Rising Price Of Corn

    These items have a direct relation to the production of corn, and may have rising prices this summer.
  2. Investing

    5 Economic Changes That Fatten Your Grocery Bill

    Global economic conditions are working to bloat our food costs. And for many, even the smallest increase in food prices can spoil the family budget.
  3. Investing

    Corning Releases New Glass-Enabled Concept Car

    The high-tech Gorilla Glass maker foresees 'exciting new opportunities' in the evolving auto space.
  4. Investing

    Corn Traders Are Bracing Themselves For More Selling

    Recently, the DBA fund started trading near a short-term level of support. This move sparked talks of a commodity reversal. Corn prices are suggesting this prediction is too early.
  5. Investing

    Trade The Rise In Agriculture Commodities

    The weather has triggered a move in agriculture commodities. We'll take a look at several charts that are poised for a move higher.
  6. Insights

    Corning Inc. Releases New Gorilla Glass (GLW)

    As the wearable technology space heats up, Corning Inc. continues to release updated versions of its sophisticated high-tech glass products.
  7. Investing

    Liking the Upside in these Commodity ETFs (SOYB, CORN)

    These agricultural commodities likely have commenced long-term uptrends, or are trading near major support. Either way, the upside looks good.
  8. Trading

    Futures Fundamentals

    This tutorial explains what futures contracts are, how they work and why investors use them.
  9. Investing

    Commodity Investing 101

    From the orange juice we drink to the gas we use to power our vehicles and heat our homes, commodities play important roles in our daily lives.
Frequently Asked Questions
  1. Can stocks be traded on more than one exchange?

    A stock can trade on any exchange on which it is listed. If it chooses to do so, a company can list its shares on more than ...
  2. Treasury Bond vs Treasury Note vs Treasury Bill

    Understand the types of securities the government issues and learn the difference between Treasury notes (T-notes), Treasury ...
  3. MIS (Management Information System) vs. IT (Information Technology)

    Find out about the relationships and the primary differences and similarities between management information systems (MIS) ...
  4. What is a DRIP?

    The word "DRIP" is an acronym for dividend reinvestment plan, but "DRIP" also describes the way the plan works as investments ...
Trading Center