Where can I trade grain futures?

Where can I trade grain futures?

Wheat futures contracts are offered through CBOT on the Globex® trading platform and are available to trade electronically through Schwab. An account approved to trade futures is required in order to trade wheat futures.

What is driving the wheat market?

Rainfall isn’t the only factor affecting wheat markets this year. As commodity corn becomes more expensive, buyers may choose to purchase less-expensive wheat for livestock feed, further pushing wheat prices up for millers. Corn prices lead the market, pulling wheat and soybean prices with them.

What’s the corn market doing today?


Name Price %
Cocoa 1,758.00 -0.17
Live Cattle 1.44 0.44
Lean Hog 1.05 0.84
Corn 6.45 1.30

How much money do you need to trade futures on thinkorswim?

An account minimum of $1,500 is required for margin accounts. A minimum net liquidation value (NLV) of $25,000 to trade futures in an IRA. Only SEP, Roth, traditional, and rollover IRAs are eligible for futures trading.

How do you buy grain futures?

ETF shares can be purchased through your regular brokerage account. Open and fund an account with a commodity futures broker registered with the National Futures Association to trade grain futures. Discuss your trading goals with a broker representative.

How does grain trading work?

Grain Basis is the difference between the price of a commodity in the local market subtracted from the price of the commodity in the futures market. His price at the local elevator is $4.50 per bushel. The front month for corn is May Corn and it is trading at $4.75 on the CBOT.

What are the grain markets doing today?

Market Commodity Prices

Commodity Last Low
Corn 641-0 636-2
Corn Mar22 641-0 636-2
Dec22 589-2 585-6
Soybean 1564.250 1547.000

Should I invest in soybeans?

When it comes to soybean ETFs in particular, it is said that they are a great investment for younger investors for several reasons. First, there are low fees involved, which is ideal for those just starting out. Secondly, they make management easy due to the wide variety of choices.

What are grain futures?

A grain futures contract is a legally binding agreement for the delivery of grain in the future at an agreed-upon price. The contracts are standardized by a futures exchange as to quantity, quality, time, and place of delivery.

What are today’s commodity prices?


Index Units Price
CL1:COM WTI Crude Oil (Nymex) USD/bbl. 93.89
CO1:COM Brent Crude (ICE) USD/bbl. 95.08
XB1:COM RBOB Gasoline (Nymex) USd/gal. 267.92
NG1:COM Natural Gas (Nymex) USD/MMBtu 4.62

Will wheat prices go up in 2022?

The average annual wheat price in the U.S. is forecast to drop by 2% y-o-y to $250 per tonne in 2022, falling on reduced domestic consumption coupled with stable supply worldwide.