Trade Global Agricultural Markets with Precision and Flexibility
Micro Ag futures are smaller-sized contracts you can trade to express your opinion on the value of major grains and oilseeds.
Access global grain and oilseed markets with contracts 1/10 the size of standard contracts. Trade Micro Corn, Wheat, Soybeans, Soybean Oil and Soybean Meal futures to diversify your portfolio.
Trade agricultural markets without the hassle and cost of managing physical delivery. Every trade is CFTC-regulated, supervised and backed by CME Clearing to ensure market integrity.
Cultivate opportunities from major crops that feed the world and capture volatility in correlating energy markets, all with lower capital requirements.
Precisely match hedges to crop size with less capital. Lock in prices for specific portions of harvest. Implement flexible strategies across growing seasons.
Enter ag markets with minimal capital. Learn market dynamics with lower risk. Build confidence through manageable positions.
Fine-tune portfolios with precise position sizing. Balance spread strategies efficiently. Adjust exposure during volatility without disrupting overall risk.
Micro Corn | Micro SRW Wheat | Micro Soybeans | Micro Soybean Meal | Micro Soybean Oil | |
---|---|---|---|---|---|
Contract size (1/10) of standard size Contracts | 500 Bushels (12.7 MT) | 500 Bushels (13.6 MT) | 500 Bushels (13.6 MT) | 10 Short Tons (9.1 MT) | 6,000 pounds (2.7 MT) |
Minimum tick fluctuation | 1/2 of one cent ($0.005) per bushel | $0.20/short ton | 1/50 of one cent ($.0002)/lb | ||
Dollar value of one tick | $2.50 | $2.00 | $1.20 | ||
Price quotation | Cents per bushel | Dollars and cents/short ton | Cents per pound | ||
Contract months | Mar, May, July, Sep, Decl | Jan, Mar, May, July, Aug, Sep, Nov | Jan, Mar, May, July, Aug, Sep, Oct, Dec | ||
Termination of trading | Trading terminates on option expiration day of the underlying standard size contract. For example, a July 2025 contract would financially settle on June 20, 2025. | ||||
Settlement (daily and final) | Financial settlement to standard size. Settlement can occur at a non-tradable tick increment. | ||||
Settlement type | Bullet | ||||
Product Codes CME Globex | MZC | MZW | MZS | MZM | MZL |
Product Codes Bloomberg | QZCA Comdty | KZWA Comdty | VMIA Comdty | XMWA Comdty | VMLA Comdty |
Trading Hours | CME Globex: Sunday – Friday: 7:00 p.m. – 7:45 a.m. CT and Monday – Friday: 8:30 a.m. – 1:20 p.m. CT | ||||
CME ClearPort:Sunday 5:00 p.m. – Friday 5:45 p.m. CT with no reporting Monday – Thursday from 5:45 p.m. – 6:00 p.m. CT |
Pay as little as $0.25 / side on Micros no matter how much you trade. High volume traders qualify for even more savings with commissions as low as $0.10 / Side.
Get help from a team that is trained on the CME Group’s Micro contracts with objective guidance and personalized onboarding.
As low as $50 day trading margins for Micro E-Mini S&P and $500 for E-Mini S&P 500.
Get free access to Optimus Flow, our signature trading platform with an integrated trading journal for unlimited simulated trading, better technical analysis and faster order execution.
Trade agricultural futures in a regulated market that offers certainty of execution and liquidity, along with the safety and security of clearing.