Only CBOT Has Corn Ethanol Futures

Cindy Zimmerman

CBOTThe Chicago Board of Trade (CBOT) is the only game in town when it comes to ethanol futures.

According to Reuters, the Chicago Mercantile Exchange recently delisted its ethanol futures contract traded on the Globex electronic trading platform.

CME’s corn-based ethanol contract was delisted, along with its fertilizer contracts for Urea, Urea Ammonium Nitrate and Diammonium Phosphate. There is a sugar-based ethanol contract on New York’s Intercontinentalexchange (ICE).

Reuters reports that CBOT ethanol futures remain thinly traded despite the rapid growth of the ethanol industry in the United States.

corn, Ethanol, News