CME Group Inc. has set a new daily volume record for its corn futures, thanks to an updated outlook from the USDA.
CME Group reported record daily trading volume in its corn futures, following the USDA's increase in its production outlook. As of the last close, CME's stock was priced at US$280.01, reflecting a decline of 1.18% for the day, but a gain of 2.67% over the past week and 0.62% over the past month. Year-to-date, the stock has increased by 6.30%.
Investor takeaway: The rise in trading volume could signal increased investor interest in corn futures amid changing market conditions.
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CME Group Inc
CME.US
CME.US
CME Group Inc
WealthAwesomeMarket cap
$99.69B
P/E
23.5x
Div. yield
1.82%
Div. / share
$5.10
52W high
$318.32
52W low
$217.29
1W change
+2.67%
Beta
0.27
Analyst Price Targets
Based on 17 analysts covering CME · as of Oct 13, 2026
Wall Street analysts forecast CME stock price to rise 5.3% over the next 12 months.
Consensus
Buy3.53 / 5.00
Avg. Target
C$292.00
+5.3% Upside
Previously C$287.81 on Oct 12, 2026
Current Price
C$277.24
Last close
Analyst Breakdown (17 analysts)
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CME's historical volatility
30-Day Vol
22.3%
Annualized
90-Day Vol
27.1%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$331.44
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$294.24 | C$272.42 – C$317.81 |
| 60 trading days | C$312.29 | C$280.05 – C$348.24 |
| 90 trading days | C$331.44 | C$290.03 – C$378.77 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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CME Group's Corn Futures Volume Hits Record High
The latest volume of 388,601 shares is significantly below the 20-day average of 1,893,965 shares, indicating a temporary spike in corn futures trading activity while overall trading remains subdued.
Bull case
The record trading volume may reflect strong market confidence and increased liquidity in CME's corn futures, which could benefit the company through higher revenue from trading fees. With a profit margin of 63.4% and a P/E ratio of 23.51, CME Group is well-positioned in the financial sector.
Bear case
If the USDA's outlook leads to excessive supply and lower prices, it could reduce future trading activity and impact CME Group's revenue from agricultural commodities. The stock's current position at 62% of its 52-week range, which spans from US$217.29 to US$318.32, suggests potential volatility ahead.
Record Volume in Corn Futures
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CME Group Inc. announced that its corn futures reached a new daily volume record, driven by the USDA's recent increase in its production outlook. This event marks a significant uptick in interest, reflecting the market's responsiveness to agricultural forecasts. The volume of 388,601 shares traded is notable, although it is just 0.85 times the 20-day average of 1,893,965 shares, suggesting a temporary spike in activity.
Volume Insights
The stock closed at US$280.01, down 1.18% for the day but up 2.67% for the week and 0.62% for the month. The current price is above the 50-day moving average of US$271.98 by 3.0% and slightly above the 200-day moving average of US$278.49 by 0.5%. With a market cap of approximately US$99.69 billion and a P/E ratio of 23.51, CME Group maintains strong fundamentals despite the day's decline.
Future Considerations
Investors will likely be watching the implications of the USDA's revised outlook on corn prices and trading volume in the coming weeks. Additionally, the company's ability to sustain trading momentum amid changing agricultural conditions will be crucial. With an average analyst target of US$292.00, representing an implied upside of 4.3%, CME Group's stock remains an interesting prospect for those tracking the agricultural commodities market.
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