corn futures
Maize market bets
Corn futures are contracts to buy or sell corn at a predetermined price on a future date.
Traded on commodities exchanges, they allow farmers to lock in prices before harvest and let speculators bet on price movements.
Corn futures serve as a benchmark for agricultural markets: Corn futures rose on drought forecasts.
The price reflects expectations about weather, demand, and global supply.
- maizeCob-bearing cereal crop
- commoditiesTradeable raw materials
- wheatCereal crop for flour
- soybeansProtein-rich Asian legume
- CBOTChicago commodities marketplace
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- cornhominy, husk, masa, grits, polenta
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