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Corn

CFD on the daily spot price of corn (ZC).

 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: CommoditySubtype: Agriculture
Country: United States (US)Currency: USD
Trading Hours: According to marketMeasurement Unit: Bushel
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Description:

Corn is a commodity that 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 bioenergy production. One-third of U.S. production used as biofuel. 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, the cost 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.