Modern commodity markets started from the trading of agricultural products. Wheat and corn, cattle and pigs were widely traded since the 19th century in the United States but other agricultural futures such as soybeans were only recently added in most markets.
As an exchange traded commodity and future contract, corn futures is one of the two originals and is also the most liquid of the grain future contracts. Cotton began trading in New York at about the same time that corn futures began trading in Chicago in the mid 1800’s.
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