What Are Mini Corn Futures?
Mini Corn Futures (XC) are a smaller-sized version of the standard Corn Futures contract. These contracts provide exposure to the price of corn, a key agricultural commodity, while allowing traders to participate in the market with a lower financial commitment. Mini Corn Futures are ideal for traders seeking flexibility and precision in managing their exposure to the agricultural markets.
Contract Size
- Contract Size: 1,000 bushels of corn (one-fifth of the standard Corn Futures contract size).
Trading Hours
The Mini Corn Futures contract trades nearly 24 hours a day, five days a week, providing consistent access to the global agricultural markets.
- Sunday – Friday: 7:00 PM to 7:45 AM CT
- Monday – Friday: 8:30 AM to 1:20 PM CT
- Time Zone: Central Time (CT).
Tick Value and Increment
- Tick Size: $0.0025 per bushel.
- Tick Value: $2.50 per tick.
- Minimum Price Fluctuation: $0.0025 per bushel.
This makes Mini Corn Futures an excellent choice for traders seeking liquidity, leverage, and exposure to agricultural markets with a lower commitment than full-size contracts.
Trading Symbol
- Platform Symbol: XC
Margins
To trade Mini Corn Futures, you’ll need to meet specific margin requirements. Check out Ironbeam’s Margins Page for the latest margin rates and details.
Why Trade Mini Corn Futures?
- Liquidity: High liquidity ensures tight spreads and efficient execution.
- Hedging Opportunities: Widely used by farmers and agricultural traders to hedge against price fluctuations in the corn market.
- Accessibility: Smaller contract size makes it easier for retail traders to gain exposure to the corn market.
- Diversification: Add exposure to the agricultural sector to complement other market investments.
- Price Discovery: Futures markets offer a mechanism for determining the fair price of corn.
Start Trading XC with Ironbeam
Ironbeam provides a robust trading platform and API to help you access Mini Corn Futures with ease. Trade confidently with free real-time Level 2 market data and personal broker support.
DISCLAIMER: There is a substantial risk of loss in trading commodity futures and options products. Losses in excess of your initial investment may occur. Past performance is not necessarily indicative of future results. Please contact your account representative with concerns or questions.