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What is the price of corn on the CBOT?

The contract size is 5,000 bushels of corn (~ 127 tons) and the tick size at $ 0.0025 per bushel ($ 12.50 per contract). The contract months are March, May, July, September and December.

What are the delivery months for corn on the CBOT?

The contract size is 5,000 bushels of corn (~ 127 tons) and the tick size at $ 0.0025 per bushel ($ 12.50 per contract). The contract months are March, May, July, September and December. The last trading day is the business day before the 15th day of the delivery month.

What factors affect corn prices?

Like a number of commodities, the corn price is driven by supply and demand factors, largely dominated by US agricultural policies according to the US Department of Agriculture ( USDA ). Other effects on the supply side include seasonal factors on the outcome of harvests, beginning stocks of corn and yield.

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