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|Product Type: Commodity CFD|
|Currency Type: USD||Measurement Unit: Bushel|
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.