Agriculture - Grains

A grain is a small hard fruit or seed produced by a cereal grass
These are traded on the CBOT

Corn/Maze

US is the largest producer ?
Is the worlds largest crop
Is the most actively traded grain contract
Mainly for domestic consumption
used in ethanol production

Wheat

Is the worlds second largest crop
US and Canada are the largest producers
Used for food
Used in ethanol production
This has the highest volume of future contracts

Rice

Is the world third largest crop
Typically grown in countries with high rainfall and low labour costs (eg South East Asia)

Oats

Canada and Argentina and largest producers
There are two categories (milling quality for human consumption or feed oats)