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Sun, Feb 1st, 2026

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Grains Futures Contract Specifications

Sun, Feb 1st, 2026

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Grains							print
Contract	Symbol	Exchange / Symbol	Trading Hours	Size	Tick Value	Margin / Maintenance	Point Value
Corn	ZC	CBOT / ZC	7:00p.m. - 7:45a.m. and 8:30a.m. - 1:20p.m. (Settles 1:15p.m.) (Sun-Fri) CST	5,000 bushels	1/4 cent per bushel ($12.50 per contract)	$1,072/975	$50
Soybean	ZS	CBOT / ZS	7:00p.m. - 7:45a.m. and 8:30a.m. - 1:20p.m. (Settles 1:15p.m.) (Sun-Fri) CST	5,000 bushels	1/4 cent per bushel ($12.50 per contract)	$2,200/2,000	$50
Soybean Meal	ZM	CBOT / ZM	7:00p.m. - 7:45a.m. and 8:30a.m. - 1:20p.m. (Settles 1:15p.m.) (Sun-Fri) CST	100 tons (2,000 pounds per ton)	10 cents per ton ($10.00 per contract)	$1,705/1,550	$100
Soybean Oil	ZL	CBOT / ZL	7:00p.m. - 7:45a.m. and 8:30a.m. - 1:20p.m. (Settles 1:15p.m.) (Sun-Fri) CST	60,000 pounds	0.01 points ($6.00 per contract)	$2,310/2,100	$600
Wheat	ZW	CBOT / ZW	7:00p.m. - 7:45a.m. and 8:30a.m. - 1:20p.m. (Settles 1:15p.m.) (Sun-Fri) CST	5,000 bushels	1/4 cent per bushel ($12.50 per contract)	$1,815/1,650	$50
Hard Red Winter Wheat	KE	CBOT / KE	7:00p.m. - 7:45a.m. and 8:30a.m. - 1:20p.m. (Settles 1:15p.m.) (Sun-Fri) CST	5,000 bushels	1/4 cent per bushel ($12.50 per contract)	$1,760/1,600	$50
Hard Red Spring Wheat	KW	CBOT / HRS	7:00p.m. - 7:45a.m. and 8:30a.m. - 1:20p.m. (Settles 1:15p.m.) (Sun-Fri) CST	5,000 bushels	1/4 cent per bushel ($12.50 per contract)	$1,870/1,700	$50
Spring Wheat Mpls	MW	MIAX / MWE	7:00p.m. - 7:45a.m. and 8:30a.m. - 1:20p.m. (Sun-Fri) CST	5,000 bushels	0.0025 dollars per bushel ($12.50 per contract)	$1,650/1,500	$5,000
Oats	ZO	CBOT / ZO	7:00p.m. - 7:45a.m. and 8:30a.m. - 1:20p.m. (Settles 1:15p.m.) (Sun-Fri) CST	5,000 bushels	1/4 cent per bushel ($12.50 per contract)	$1,375/1,250	$50
Rough Rice	ZR	CBOT / ZR	7:00p.m. - 9:00p.m. and 8:30a.m. - 1:20p.m. (Settles 1:15p.m.) (Sun-Fri) CST	2,000 cwt	1/2 cent per cwt ($10.00 per contract)	$1,375/1,250	$2,000
Canola	RS	WCE / RS	7:00p.m. - 1:20p.m. (Sun-Fri) (Settles 1:15p.m.) CST	1 contract 20 tonnes (5 contracts 1 board lot)	CAD $0.10 per tonne (CAD $2.00 per contract)	$559/509	$20

Grains Futures Contract Specifications

The Futures Contract Specifications page provides a complete look at contract specs, as provided by the exchanges. Specifications are grouped by market category (Currencies, Energies, Financials, Grains, Indices, Meats, Metals and Softs).

Specifications for futures contracts include:

Sym - the root symbol for the commodity.
Contract - a description of the commodity. (P) indicates pit-traded.
Exchange - the exchange on which the commodity is traded.
Trading Hours - the days and hours in which the commodity is traded.
Months - A specific month in which delivery may take place under the terms of a futures contract. Commodity exchanges typically refer to months using one letter:
- January = F
- February = G
- March = H
- April = J
- May = K
- June = M
- July = N
- August = Q
- September = U
- October = V
- November = X
- December = Z
Size - (sometimes referred to as Trading Unit) refers to the unit of measure in which the contract is traded. Common abbreviations you'll see include:
- bu = bushel
- lbs = pounds
- cwt = hundred weight
- bbl = barrel
- gal = gallon
- mm btu = million British thermal units
- bd = board foot
- oz = ounce
- M = million
- ct = cents
- pt = point

Tick Value - the smallest allowable increment of price movement for a contract.
Margin Maintenance - the minimum amount of equity that must be maintained in a margin account.
Point Value - a measure of one basis point change in the futures price.

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