Corn Commodity Futures Options Trading CBOT
Free Corn Futures Trading Guide
Corn Futures and Options
- Self-Study Guide to Grain and Oilseed Futures & Options (PDF)
- Grain and Oilseed Futures & Options Fact Card (PDF)
- Metric Conversion Guide (PDF)
- Extended Hours and Lower Exchange Fees for Mini-Ag Contracts (PDF)
Corn Commodity Futures
The primary uses for corn are: animal feed, food, alcohol, ethanol, industrial usage and seed. The grades of corn that are traded on the CBOT are mainly used for animal feed. The U.S. produces about 10-12 billion bushels of corn a year and is the leading exporter of corn.
Corn is planted during April and May in the United States and it is harvested during October and November. Iowa, Illinois and Nebraska are the top corn producing states. Corn is also used to produce ethanol, which has led to a strong increase in demand for corn.
U.S. Corn Consumption
- Feed/Residual 57%
- Export 19%
- Ethanol 11%
- High Fructose Corn Syrup (HFCS) 5%
- Starch 2.5%
- Sweeteners 2.2%
- Cereal/Others 1.8%
- Alcohol 1.3%
- Seed 0.2%