CME Group has launched Micro Ag Futures, providing traders with a cost-effective way to access Corn, Wheat, Soybeans, Soybean Meal, and Soybean Oil markets. These new micro-sized contracts offer greater accessibility while maintaining the same underlying market exposure.
Why Trade Micro Ag Futures?
Smaller Contract Sizes – 1/10 the size of standard futures, allowing for tailored risk management.
Financially Settled – No physical delivery, providing a straightforward trading experience.
Greater Market Access – Designed for farmers, hedgers, and traders looking for flexible exposure.
Lower Trading Costs – Competitive fees make trading more accessible to a wider audience.
Same Liquidity & Exchange – Trade on the trusted CME platform with the same price transparency.
Contract Specifications
Micro Corn (MZC) – 500 Bushels
Micro SRW Wheat (MZW) – 500 Bushels
Micro Soybeans (MZS) – 500 Bushels
Micro Soybean Meal (MZM) – 10 Short Tons
Micro Soybean Oil (MZL) – 6,000 Pounds
Tick Sizes & Dollar Value:
- Corn: ½ cent per bushel ($2.50 per tick)
- Wheat: ½ cent per bushel ($2.50 per tick)
- Soybeans: ¼ cent per bushel ($1.25 per tick)
- Soybean Meal: $0.20 per short ton ($2.00 per tick)
- Soybean Oil: 1/50 of a cent per pound ($1.20 per tick)
Trading Hours:
- CME Globex: Sunday – Friday: 7:00 PM – 7:45 AM CT | Monday – Friday: 8:30 AM – 1:20 PM CT
- CME ClearPort: Sunday 5:00 PM – Friday 5:45 PM CT
Contract Months:
March, May, July, September, December (varies by product)
Fees: $0.50 per side for non-members
Who Can Benefit?
Farmers & Hedgers – Protect margins and manage price risk with smaller, flexible contracts.
New Traders – Gain exposure to agricultural markets with reduced capital requirements.
Institutional & Retail Traders – Optimize strategies with micro-sized positions.
Explore new trading opportunities with Micro Ag Futures today! For full contract details, visit CME Group.
What are your thoughts on these new contracts? Let’s discuss! 