MZC tick value & contract specs
Micro Corn (MZC) futures trade on CBOT. The price moves in ticks of 0.5, each tick is worth $2.50 per contract, and a full one-point move is worth $5 per contract.
MZC contract specifications
| Symbol | MZC |
|---|---|
| Contract | Micro Corn |
| Exchange | CBOT |
| Tick size | 0.5 |
| Tick value (per contract) | $2.50 |
| Point value (per contract) | $5 |
| Ticks per point | 2 |
| Contract size | 500 bushels |
| Electronic hours (ET) | Sun–Fri 8:00pm – 8:45am, then 9:30am – 2:20pm |
MZC is quoted in cents per unit, so the tick size is in cents and one point is one cent.
Hours shift around US holidays and early closes. Check CME Group's trading-hours page before relying on them for a specific date.
This is the smaller version of ZC (Corn), which is worth $12.50 per tick. ZC specs →
MZC ticks to dollars
10 ticks × 1 contract = $25
MZC tick value table
Dollar value of a move in MZC before commissions, at $2.50 per tick per contract.
| Ticks | 1 contract | 2 contracts | 5 contracts | 10 contracts |
|---|---|---|---|---|
| 1 | $2.50 | $5 | $12.50 | $25 |
| 4 | $10 | $20 | $50 | $100 |
| 10 | $25 | $50 | $125 | $250 |
| 20 | $50 | $100 | $250 | $500 |
| 40 | $100 | $200 | $500 | $1,000 |
Worked example
You buy 2 MZC contracts and the price rises 10 ticks. Profit before fees = 10 ticks × $2.50 × 2 contracts = $50. The same move against you is a loss of the same amount.
Get contract math right on every trade, automatically
Fillbook calculates futures P&L, R-multiple, and position sizing per contract automatically — no manual lookup, no spreadsheet formula. 14-day free trial, no card required.
Start free trial →Frequently asked questions
$2.50 per contract. MZC moves in increments of 0.5, and each increment changes the value of one contract by $2.50.
$5 per contract. One point is 2 ticks of 0.5.
No. They are gross values from price movement alone. Your net result is lower by your broker's or prop firm's per-side fees; the fee guide lists current rates.
More contracts: Agricultural
Futures P&L calculator with MZC selectedFutures Position Size Calculator (Free, No Signup) — FillbookFutures Trading Journal: Auto-Sync & Real Tick P&L — FillbookAll futures tick values
These are the tick and point values Fillbook uses to calculate P&L on every logged MZC trade. Confirm specifications with the exchange before trading. CBOT contract specifications