Product sheet | B3

Cash Settled Corn Futures

  • UnderlyingYellow corn in bulk, with regular odor and appearance, hard or semihard from the latest crop.
    Contract size450 bags of 60 net kilograms each (corresponding to 27 metric tons).
    QuotationBrazilian Reals per bag to two decimal places.
    Tick sizeBRL0.01.
    Round-lot1 contract.
    Last trading day15th day of the contract month.
    Expiration date15th day of the contract month. If that day is a holiday or is not a trading day, the last trading day shall be the following business day.
    Contract monthsJanuary, march, may, july, august, september and november.
    Settlement on expirationCash settlement.