What is the contract size for corn?
5,000 bushels
The corn contract is for 5,000 bushels. For example, when corn is trading at $2.50 a bushel, the contract has a value of $12,500 (5,000 bushels x $2.50 = $12,500).
What is Matif corn?
It does not contain any genetically modified maize. MATIF (Marché à Terme International de France) is a former futures exchange in France. It was merged with the merger of the Paris Bourse with Euronext NV to Euronext Paris , which belongs to the exchange operator Euro Next.
What matif?
November Paris Matif rapeseed futures and Malaysian November palm oil slipped….MATIF.
| Acronym | Definition |
|---|---|
| MATIF | Marche A Terme International de France (Paris Futures Exchange) |
How do you contract corn?
The contract value is calculated by multiplying the size of the contract by the current price. For example, if December corn is trading for $4.00 per bushel and one contract is 5,000 bushels, the contract value is $20,000 ($4.00 price * 5,000 bushels = $20,000 contract value).
How much does one contract of corn cost?
In the United States, corn futures are traded at the Chicago Board of Trade (CBOT). The symbol for corn is ZC, and one contract of corn is worth 5,000 bushels. The minimum tick size is 1/4 cent per bushel, which is worth $12.50/contract.
What is Matif wheat?
MATIF (Marché à Terme International de France) is a former futures exchange in France. It was merged with the merger of the Paris Bourse with Euronext NV to Euronext Paris, which belongs to the exchange operator Euro Next. The official name for this contract is Euronext milliing wheat No 2.
What is the price of wheat per ton?
Average prices for U.S. wheat (HRW) from 2014 to 2025 (in nominal U.S. dollars per mt)
| Characteristic | Price in nominal U.S. dollars per metric ton |
|---|---|
| 2020 | 211 |
| 2019 | 202 |
| 2018 | 210 |
| 2017 | 174 |
How do corn contracts work?
Corn futures are standardized, exchange-traded contracts in which the contract buyer agrees to take delivery, from the seller, a specific quantity of corn (i.e. 50 tonnes) at a predetermined price on a future delivery date. The United States Department of Agriculture (USDA) produces several important reports on corn.
How do you lock corn prices?
If corn goes higher and hits $2.30, you get $2.30 locked in with a forward contract. Corn opens at $2.28 and trades through $2.30, closing at $2.35, you get $2.30. You may receive a better fill if the market opens higher than your target. Offer Contracts can be used for locking in Basis and Futures as well.
How do you read crop prices?
How to read grain prices: a quick reference guide
- Cash price = futures + basis +/- premium and discounts.
- Last: The last or most current trade price.
- Change: The difference between current price and previous settlement price.
- Open: Opening price for today.
- High: The highest trading price for today.
What is the futures price of corn?
CBOT Corn Futures Prices
| Open | Low | |
|---|---|---|
| March (next year) | 272.50 | 271.00 |
| May | 276.25 | 275.00 |
| July | 278.25 | 277.25 |
| Dec | 253.75 | 252.75 |
How much does a ton of MATIF wheat cost?
The tick size for Matif wheat (Euronext milling wheat) is € 0.25 per ton (total contract: € 12.50). The delivery months are March, May, September and December. There are always traded 12 contracts.
How much moisture does MATIF milling wheat have?
Specific Weight: 76 kg / hl, moisture content: 15%, broken grain percentage: 4%, sprouted grains: 2% impurities: 2%, Mycotixine not exceed the EU’s maximum quantity provisions of legislation for unprocessed cereal products intended for use as food. MATIF (Marché à Terme International de France) is a former futures exchange in France.
What’s the price of milling wheat in Europe?
Price of milling wheat and the Euronext milling wheat contract. The Euronext Milling Wheat future is a commonly used indication for wheat prices in Europe and Africa. The tick size for Matif wheat (Euronext milling wheat) is € 0.25 per ton (total contract: € 12.50).
Is there genetically modified maize in MATIF corn?
Mycotixine not exceed the maximum amount of EU legislation provisions for unprocessed cereal products intended for use as food. It does not contain any genetically modified maize. MATIF (Marché à Terme International de France) is a former futures exchange in France.