MRCI's Futures Highlight

MRCI's Futures Highlight - Corn(CBOT)

MRCI's Futures Highlight - Corn(CBOT)

MRCI hopes this profile of the CBOT Corn futures contract, with its statistics and feature studies, will help you derive wise trading decisions from its presentation of long-term perspective, computer analysis, and historical background. This additional history is designed to complement the body of knowledge contained in any seasonal patterns and strategies published. The weekly and monthly charts on this page depict prices for nearby contracts, which most closely reflect the underlying cash market.

Copyright © 1989- Moore Research Center, Inc. All Rights Reserved
Some data provided by Commodity Research Bureau

The table below offers a statistical analysis of historical daily trading in the CBOT Corn futures. The average range for each day of the week in each year and overall has been computed for purposes of comparison and further insight into the dynamics of this market.

MRCI's Nearby Futures Range Detail for Corn(CBOT) from 1/1976 - 3/2024
Calendar Year	Monday Avg Rng	Tuesday Avg Rng	Wednesday Avg Rng	Thursday Avg Rng	Friday Avg Rng	Yearly Avg Rng
1976	4.42($221)	3.99($199)	3.88($194)	4.17($209)	3.48($174)	3.99($199)
1977	3.46($173)	3.18($159)	2.99($150)	2.84($142)	2.70($135)	3.03($151)
1978	3.47($173)	3.13($157)	3.11($155)	3.05($153)	2.87($143)	3.12($156)
1979	4.41($221)	4.14($207)	4.13($206)	4.26($213)	3.90($195)	4.16($208)
1980	5.32($266)	4.59($229)	4.47($224)	4.72($236)	4.70($235)	4.75($238)
1981	5.87($293)	4.84($242)	4.18($209)	4.51($226)	4.40($220)	4.75($238)
1982	3.31($166)	2.84($142)	2.74($137)	2.95($148)	2.77($139)	2.92($146)
1983	5.35($268)	4.70($235)	5.31($265)	5.33($266)	4.31($215)	4.99($250)
1984	3.69($185)	3.82($191)	3.60($180)	3.39($169)	3.47($173)	3.59($180)
1985	2.40($120)	2.53($126)	2.23($112)	2.33($116)	2.30($115)	2.36($118)
1986	3.33($166)	3.18($159)	3.13($156)	3.22($161)	2.86($143)	3.14($157)
1987	3.85($192)	3.36($168)	3.31($166)	2.98($149)	2.90($145)	3.28($164)
1988	6.05($302)	6.16($308)	5.67($284)	5.72($286)	5.22($261)	5.76($288)
1989	5.09($254)	3.62($181)	3.32($166)	3.49($174)	3.30($165)	3.74($187)
1990	4.07($203)	3.05($153)	3.13($157)	3.68($184)	3.21($161)	3.42($171)
1991	4.06($203)	3.58($179)	3.59($179)	3.17($158)	3.46($173)	3.57($178)
1992	3.71($185)	3.14($157)	3.05($152)	2.77($138)	3.02($151)	3.13($156)
1993	3.36($168)	3.01($151)	3.11($156)	3.27($163)	2.99($149)	3.15($157)
1994	4.03($201)	3.79($189)	3.70($185)	3.71($185)	2.92($146)	3.62($181)
1995	4.54($227)	3.47($173)	3.13($156)	3.25($162)	3.37($168)	3.53($177)
1996	8.56($428)	8.01($400)	7.89($395)	7.31($366)	6.92($346)	7.73($387)
1997	5.77($288)	5.21($260)	4.43($221)	4.92($246)	5.00($250)	5.06($253)
1998	4.54($227)	4.25($213)	4.36($218)	3.84($192)	4.26($213)	4.25($212)
1999	4.08($204)	4.00($200)	3.68($184)	3.67($184)	3.32($166)	3.75($187)
2000	4.35($218)	3.64($182)	3.55($177)	3.67($183)	3.44($172)	3.72($186)
2001	3.73($187)	3.39($170)	3.35($167)	3.75($188)	3.86($193)	3.62($181)
2002	5.32($266)	4.05($203)	4.09($205)	4.19($210)	3.82($191)	4.28($214)
2003	4.34($217)	4.08($204)	4.02($201)	4.17($209)	3.86($193)	4.09($205)
2004	5.93($297)	5.53($276)	5.55($277)	5.87($293)	5.07($253)	5.59($279)
2005	5.07($253)	4.35($217)	4.24($212)	4.25($213)	4.09($205)	4.39($219)
2006	7.30($365)	6.06($303)	6.84($342)	6.95($347)	6.50($325)	6.72($336)
2007	11.58($579)	11.56($578)	11.12($556)	11.83($592)	11.29($565)	11.48($574)
2008	23.28($1164)	20.63($1031)	19.33($966)	19.50($975)	19.81($990)	20.47($1024)
2009	14.57($728)	13.30($665)	12.40($620)	12.31($615)	12.08($604)	12.92($646)
2010	11.73($587)	12.02($601)	12.52($626)	11.15($557)	12.47($623)	11.98($599)
2011	18.78($939)	20.20($1010)	21.13($1057)	22.26($1113)	20.99($1049)	20.71($1036)
2012	17.97($898)	15.71($786)	17.58($879)	17.58($879)	18.06($903)	17.37($869)
2013	14.27($714)	11.72($586)	11.24($562)	11.89($595)	11.26($563)	12.05($602)
2014	9.98($499)	8.66($433)	8.13($406)	8.56($428)	9.06($453)	8.86($443)
2015	8.29($415)	8.51($425)	8.18($409)	7.11($356)	7.87($394)	7.99($400)
2016	7.70($385)	8.21($411)	6.79($340)	7.98($399)	7.31($365)	7.59($380)
2017	5.97($299)	6.20($310)	5.74($287)	6.17($309)	5.48($274)	5.91($296)
2018	5.81($290)	5.54($277)	5.14($257)	6.44($322)	5.75($288)	5.74($287)
2019	7.66($383)	7.53($377)	7.17($358)	7.88($394)	7.97($398)	7.64($382)
2020	7.38($369)	7.65($382)	7.17($358)	7.58($379)	6.62($331)	7.29($364)
2021	16.15($808)	17.38($869)	16.88($844)	16.91($846)	15.85($792)	16.65($832)
2022	18.19($910)	18.29($914)	16.85($843)	16.84($842)	16.53($827)	17.32($866)
2023	12.84($642)	11.36($568)	13.30($665)	12.37($618)	12.87($644)	12.55($627)
2024	7.83($391)	7.46($373)	6.73($337)	8.81($440)	8.63($431)	7.88($394)

What other characteristics do CBOT Corn futures exhibit for various days of the week? We ran various studies for the last 180 calendar days of trading prior to trading prior to expiration for each contract.

MRCI's Nearby Futures Summary for Corn(CBOT) from 1/1976 - 3/2024
Summary Item	Monday Summary	Tuesday Summary	Wednesday Summary	Thursday Summary	Friday Summary	Yearly Summary
Range	7.39($369)	6.94($347)	6.78($339)	6.90($345)	6.70($335)	6.94($347)
Closed Up	1080(47%)	1148(46%)	1196(48%)	1145(47%)	1133(47%)	5702(47%)
Closed Dn	1143(50%)	1228(50%)	1192(48%)	1207(50%)	1186(49%)	5956(49%)
Closed Uchg	57(3%)	98(4%)	97(4%)	86(4%)	94(4%)	432(4%)
Gapped up	239(10%)	293(12%)	222(9%)	220(9%)	203(8%)	1177(10%)
Un-filled Gaps Up	116(49%)	94(32%)	75(34%)	70(32%)	75(37%)	430(37%)
Gapped Down	428(19%)	225(9%)	238(10%)	241(10%)	230(10%)	1362(11%)
Un-filled Gaps Down	196(46%)	88(39%)	67(28%)	84(35%)	71(31%)	506(37%)

Daily Percent Change Summary for Corn(CBOT)
UNCH	>0%- <1%	+1%- <2%	+2%- <3%	+3%- <4%	+4%- <5%	+5%- <6%	+6%- <7%	+7%- <8%	+8%- <9%	+9%- <10%	+10%- <20%	>+20%
432	3351	1558	481	188	74	28	16	4	1	1	0	0
	<0%- >-1%	-1%- >-2%	-2%- >-3%	-3%- >-4%	-4%- >-5%	-5%- >-6%	-6%- >-7%	-7%- >-8%	-8%- >-9%	-9%- >-10%	-10%- >-20%	<-20%
	3534	1618	497	187	70	30	14	5	1	0	0	0

The table below represents yearly low, high, last yield in the cash market for the CBOT Corn futures contracts. Quotes are from daily cash market price activity.

Corn: No 2 yellow Cent-Ill - Jun 4, 2021
	Period Low(Jan-Dec)		Period High(Jan-Dec)		Last Day		Average
Year	Date	Price	Date	Price	Date	Price	Price
2020	04/28/2020	287.00	12/31/2020	479.00	12/31/2020	479.00	352.06
2019	04/24/2019	326.50	07/12/2019	457.50	12/31/2019	380.00	370.34
2018	09/18/2018	291.50	05/03/2018	378.50	12/31/2018	346.00	338.42
2017	09/18/2017	306.00	07/10/2017	369.00	12/29/2017	323.00	334.51
2016	08/31/2016	288.00	06/17/2016	418.50	12/30/2016	337.00	343.89
2015	08/12/2015	336.00	07/13/2015	415.00	12/31/2015	350.00	361.62
2014	10/01/2014	279.00	04/29/2014	498.50	12/31/2014	372.00	397.30
2013	11/18/2013	398.50	03/20/2013	751.50	12/31/2013	405.50	596.18
2012	06/01/2012	579.50	08/21/2012	849.00	12/31/2012	694.50	699.49
2011	01/07/2011	571.50	06/10/2011	781.00	12/30/2011	646.50	670.62
2010	06/29/2010	302.50	12/29/2010	598.50	12/31/2010	590.50	404.09
2009	09/09/2009	269.50	06/04/2009	430.00	12/31/2009	376.00	354.77
2008	12/05/2008	272.00	06/27/2008	711.00	12/31/2008	378.50	489.46
2007	07/23/2007	282.00	12/27/2007	426.50	12/31/2007	425.50	350.49
2006	01/24/2006	189.00	11/28/2006	368.00	12/29/2006	365.00	240.85
2005	10/18/2005	163.50	07/18/2005	239.50	12/30/2005	200.00	189.93
2004	11/04/2004	169.50	04/08/2004	314.50	12/30/2004	188.50	238.23
2003	10/01/2003	200.00	05/15/2003	250.50	12/31/2003	235.50	226.84
2002	04/29/2002	184.00	09/11/2002	278.50	12/31/2002	229.50	217.24
2001	06/25/2001	169.00	01/03/2001 01/04/2001	209.50	12/31/2001	192.63	190.12
2000	08/11/2000	145.00	05/03/2000 05/04/2000	222.50	12/29/2000	210.50	187.47
1999	07/19/1999	152.00	03/30/1999	218.00	12/30/1999	188.00	191.20
1998	08/31/1998	166.25	03/12/1998	268.50	12/31/1998	199.50	222.23
1997	07/07/1997	229.00	04/01/1997	299.50	12/31/1997	254.00	266.47
1996	11/05/1996	251.00	07/11/1996	525.00	12/31/1996	255.00	381.84
1995	01/03/1995	216.50	12/29/1995	356.00	12/29/1995	356.00	270.27
1994	10/25/1994	184.50	01/14/1994	295.00	12/30/1994	219.00	239.41
1993	02/04/1993	200.50	12/30/1993	290.50	12/30/1993	290.50	227.09
1992	10/27/1992 10/28/1992	186.50	03/09/1992	270.00	12/31/1992	203.00	232.05
1991	06/28/1991 07/09/1991	220.50	08/02/1991	255.00	12/31/1991	241.50	239.90
1990	10/01/1990	210.50	06/29/1990	285.00	12/31/1990	223.50	244.49
1989	09/27/1989	215.50	07/05/1989	274.00	12/29/1989	229.00	245.64
1988	01/04/1988	174.50	06/27/1988	323.00	12/30/1988	267.00	236.34
1987	02/13/1987	130.00	06/16/1987	185.50	12/31/1987	174.00	159.00
1986	10/16/1986	122.00	06/06/1986	249.50	12/31/1986	142.00	193.62
1985	10/18/1985 10/24/1985 10/25/1985	205.00	04/24/1985	274.50	12/31/1985	238.50	251.11
1984	12/13/1984	250.50	04/04/1984	354.00	12/31/1984	259.50	310.67
1983	01/04/1983	226.00	08/15/1983	377.00	12/30/1983	329.00	312.31
1982	10/25/1982	186.00	03/22/1982 03/24/1982	271.25	12/30/1982	229.00	241.71

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