Corn (maize) has been cultivated for thousands of years, originally domesticated by Mesoamerican cultures in Central America, and eventually spread across the globe following Europeans arrival in the New World.
Corn is most frequently used as a food source, both as feed for livestock, and for human consumption. Corn can be processed into many different products, including corn meal and corn syrup, and recently as a biofuel in the form of ethanol.
Corn is an agricultural commodity and is traded on the Chicago Board of Trade. A recent surge in the global demand for corn, in part due to the conversion of feed corn into ethanol for fuel, has recently created a dramatic increase in the spot prices of corn futures in commodity markets, providing many opportunities for investors and speculators.