CME Futures
The Chicago Mercantile Exchange (CME) offers futures contracts for relevant commodities, including Corn (ZC), Soybean (ZS), and Chicago Wheat (ZW).
Contract specifications:
Corn (ZC):
- Grade: US No. 2 Yellow Corn
- Contract Size: 5,000 bushels
- Price Quote: U.S. Cents per bushel
- Monthly Contracts: March, May, July, September, December
View current corn (ZC) futures
Soybeans (ZS):
- Grade: US No. 1 Soybeans
- Contract Size: 5,000 bushels
- Price Quote: U.S. Cents per bushel
- Monthly Contracts: January, March, May, July, August, September, November
View current soybean (ZS) futures
Wheat (ZW):
- Grade: US No. 2 Soft Red Winter Wheat
- Contract Size: 5,000 bushels
- Price Quote: U.S. Cents per bushel
- Monthly Contracts: March, May, July, September, December
View current wheat (ZW) futures
It is important to note that each contract expires on the business day prior to the 15th day of the contract maturity month. Therefore, market prices for each contract month can be interpreted as predictions of the commodity price in the maturity month at the delivery location.