CME Group's Corn Futures Set New Daily Volume Record After USDA Raised Outlook
Third-quarter Corn futures and options average daily volumes both grew more than 30% year over year.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
CME Group (CME) set a daily Corn futures volume record of 1,206,376 contracts on October 9, 2026. That surpassed the previous record of 1,128,597 contracts on March 29, 2019. The company linked the trading activity to a USDA report showing ending stocks, yields and production above market expectations.
Agriculture average daily volume reached 2,022,488 contracts in the third quarter, up 18.1% year over year. September average daily volume was 1,936,761 contracts, up 28.8%. Third-quarter Corn futures average daily volume rose 35.2% year over year to 502,004 contracts, while Corn options averaged 179,674 contracts daily, up 31.4% year over year.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Positive
- Moderate pointAgriculture third-quarter average daily volume rose 18.1% year over year to 2,022,488 contracts.
- Minor pointCorn futures daily volume reached a record 1,206,376 contracts October 9, exceeding 1,128,597 on March 29, 2019.
- Minor pointAgriculture September average daily volume rose 28.8% year over year to 1,936,761 contracts.
- Minor pointCorn futures third-quarter average daily volume rose 35.2% year over year to 502,004 contracts.
- Minor pointCorn options third-quarter average daily volume rose 31.4% year over year to 179,674 contracts.
Negative
- None.
Key Figures
- Corn futures daily volume record
- 1,206,376 contracts (previous record: 1,128,597 contracts)
- New record on October 9; prior record set March 29, 2019
- Agriculture Q3 average daily volume
- 2,022,488 contracts; up 18.1% year over year
- CME Group agriculture business, third quarter
- September average daily volume
- 1,936,761 contracts; up 28.8% year over year
- CME Group, September
- Corn futures Q3 average daily volume
- 502,004 contracts; up 35.2% year over year
- Third quarter
- Corn options Q3 average daily volume
- 179,674 contracts; up 31.4% year over year
- Third quarter
Historical Context
-
International ADV rose 22% year over year; agricultural products increased 28%.
-
Q3 ADV reached 29.4 million contracts, up 16% year over year; agriculture set records.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
ending stocks technical
average daily volume financial
otc financial
central counterparty clearing technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
"Following last week's surprise USDA report, market participants turned to our Corn futures to quickly adjust positions and manage price risk," said John Ricci, Global Head of Agricultural Products. "The market had priced in lower yields after a challenging summer, yet the report showed ending stocks, yields and production all above expectations. The changing conditions are another example of why we remain focused on equipping clients to manage their risk in any market environment."
CME Group's agriculture business reached an average daily volume of 2,022,488 contracts in the third quarter, up
In addition, Corn futures reached an average daily volume of 502,004 in the third quarter, up
For more information on CME Group Corn futures, please visit here.
As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, cryptocurrencies, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and
CME-G
View original content:https://www.prnewswire.com/news-releases/cme-groups-corn-futures-set-new-daily-volume-record-after-usda-raised-outlook-302906207.html
SOURCE CME Group
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What daily volume record did CME Group Corn futures set on October 9, 2026?
CME Group Corn futures traded a record 1,206,376 contracts on October 9, 2026. The previous daily record was 1,128,597 contracts, set on March 29, 2019.