why Corn, Soybeans & Wheat are great to daytrade...

The most recent CME report shows the volume for corn to much higher than soybeans or wheat. What am I missing?

http://www.cmegroup.com/daily_bulletin/preliminary_voi/VOIREPORT.pdf

 

Corn is a bigger crop in the US

 

hi,
The MAR 10 contract for Corn is still traded but the most actively contract is actually the MAY 10 contract.

This is unlike equity indexes where the near months are the most heavily traded.

Does commodites follow a schedule where traders will "rollover" their positions even before expiry ?

thanks

 

We rollover in the grains. Not on schedule, but sometime before expiration or even when they go into delivery.

 

unless you have a totally different definition...Corn has the most volume of them all, wouldn't that mean 'most liquidity'?

 

seems like Soybeans has the greatest daily high-low range...agree?

 

Beans also cost twice as much so they should have a greater range.

 

They are a great correlation trade with each other too. just dont get married to a position. If they pick a direction, it can be fast and furious

 

eCorn is close to eSoybeans and eWheat but for some reason the oscillations on eSoybeans and eWheat trade in expanded ranges which is better for intraday trading. Remember the pit is different than the electronic markets and you want to stay away from the pit. eCorn is great, at least for me, to swing trade. The December contract for eCorn IS good for intraday the closer you get to harvest.

 

Agreed, I should have been clearer.
eSoybeans is the best due to liquidity and range.