Local Grain Markets
Grain Elevators & Markets by state. Our list isn’t all inclusive but gives you a quick resource for grain marketing and services. Want to be included on our list? Just contact us and we will we happy to add your grain market as a resource for our visitors and your potential new customers.
| Nebraska | Iowa | Illinois | Kansas |
Grain Futures Markets
Grain Futures markets are also grain market traded instruments, encompassing commodities like wheat, corn, soybeans, and rice, play a vital role in global agriculture and food supply chains, serving as key indicators of economic and environmental conditions. Traded primarily through futures contracts on exchanges like the Chicago Board of Trade (CBOT), these markets are influenced by factors such as weather patterns, geopolitical events, supply-demand dynamics, and currency fluctuations. Prices can be highly volatile due to unpredictable elements like droughts, floods, or trade policies, impacting farmers, processors, and consumers worldwide. The interconnected nature of grain markets with other sectors, such as energy and livestock, amplifies their significance, as shifts in grain prices can affect feed costs, biofuel production, and global food security.
Grain futures like corn, soybeans, and wheat varieties trade electronically on the CME Group’s CBOT and MGEX exchanges nearly 23 hours a day, from Sunday at 7:00 p.m. to Friday at 1:20 p.m. Central Time, with a brief daily break from 7:45 a.m. to 8:30 a.m. for system maintenance. These extended hours allow global investors to react to market events, but traders should note the specific session times to manage positions effectively. Always check the CME Group website for any schedule changes due to holidays or unforeseen events. For more information on Grain Futures and Trading click here.
| Grain Future | Trading Exchange | Electronic Trading Hours (CT) |
|---|---|---|
| Corn (/ZC) | CME (CBOT) | Sunday – Friday: 7:00 p.m. to 7:45 a.m., break 7:45 a.m. – 8:30 a.m., then 8:30 a.m. to 1:20 p.m. |
| Soybeans (/ZS) | CME (CBOT) | Sunday – Friday: 7:00 p.m. to 7:45 a.m., break 7:45 a.m. – 8:30 a.m., then 8:30 a.m. to 1:20 p.m. |
| Chicago SRW Wheat (/ZW) | CME (CBOT) | Sunday – Friday: 7:00 p.m. to 7:45 a.m., break 7:45 a.m. – 8:30 a.m., then 8:30 a.m. to 1:20 p.m. |
| KC HRW Wheat (/KW) | CME (CBOT) | Similar to above, with extended hours alignment for grains. |
| MGE Wheat (/MW) | CME (MGEX) | Aligned with CME grains schedule: extended hours nearly 23 hours/day with brief maintenance break. |