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Corn Specifications
Exchange: CME Group
Contract Size: 5,000 Bushels
Pricing Unit: cents per bushel
Tick Size (minimum fluctuation): 1/4 of one cent per bushel ($12.50 per contract)
Contract Months (Symbols): March (H), May (K), July (N), September (U), December (Z)
Trading Hours (CME GLOBEX, electronic): 6:00 PM to 7:15 AM and 9:30 AM to 1:15 PM (Sunday thru Friday CST)
Trading Hours (Trading Floor): 9:30 AM to 1:15 PM (Monday thru Friday CST)
Daily Price Limit: $0.40 per bushel expandable to $0.60 when the market closes at limit bid or limit offer. There shall be no price limits on the current month contract on or after the second business day preceding the first day of the delivery month.
Settlement Procedure: Physical Delivery
Last Trade Date: The business day prior to the 15th calendar day of the contract month.
Last Delivery Date: Second business day following the last trading day of the delivery month.
