Tuesday, February 18, 2014

CFD Trading: Corn

Corn is a commodity; the US and China are countries that produce most corn. The production of corn starts in April to June where the corn is planted; Harvest is from August to late October.


CFD trading
Corn is in the section commodity on the trading platform; with the latter C or ZC.

The corn price often follows the trend; it is either moving up or down. Some of the best times to trade are around the Corp reports.    

The later the corn is planted the higher the price might get as it is an indicator of a low outcome of the season.

Price of Corn
The price of corn is almost on the same level as it was in 2009; since 2009 the price have increased from 410 dollars to 817 dollars in July 2012; the price is in February 2014 442 dollars.

The price chart illustrates the corn market as a trend following market.