Corn

CFD on the price quote of corn (CORN).

 SELL Open a SELL trade on  SELL Open a SELL trade on Of current open trades, % are BUY and % are SELL BUY  Open a BUY trade on BUY  Open a BUY trade on   The daily price change of
Product Type: Commodity CFD
Currency Type: USDMeasurement Unit: Bushel
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Description:

Corn is a commodity which is one of the most basic agricultural products in the world. It is widely applied in different areas from feeding domestic animals to corn syrup and bio energy production. One third of U.S. production is used as bio fuel. Corn prices can be strongly affected if supply rises more than expected in harvest months between March and September. Corn prices are affected by the yearly cropped area, yield and weather conditions. If the released data is not in line with market expectations, price can become volatile.

Corn is traded on the Chicago Board of Trade.

Interesting Facts:

  • The world’s largest corn producers are the USA, China and Brazil.
  • Production rates in corn producing countries such as China, Ukraine and countries in South America can also affect prices.
  • Corn can also be useful for the production of paper products and adhesives.
 
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