What is the unit of calculation for corn futures?

I don't know if you are asking about the inner disk or the outer disk. Is Dalian offer RMB/ton? CIF domestic corn = FOB US+sea freight price/ton+insurance premium/ton.

American FOB) = price = (Chicago CBOT price+premium) ×0.367437 (unit conversion) 1 USD/bushel =36.7437 USD/ton.

Corn import cost

= CIF domestic price * exchange rate *( 1+ tariff rate) *( 1+ VAT rate)+Hong Kong miscellaneous fees.

Do the math yourself.

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