  Time and Sales of corn futures traded electronically on the CME Group Globex
are studied. Theories of continuous prices turn upside down reality of
intra-day trading. Prices and their increments are discrete and obey lattice
probability distributions. A function for systematic evolution of futures
trading volume is proposed. Dependence between sample skewness and kurtosis of
waiting times does not support hypothesis of Weibull distribution. Kumaraswamy
distribution is more suitable for waiting times. Relationships between trading
volume and maximum profit strategies are presented. Frequencies of absolute
b-increments are approximated by a Hurwitz Zeta distribution. Relative
b-increments are non-Gaussian too. Dependence between b- and a-increments
allows to interpret the sample variances of b-increments as a stochastic
process. Mean sample variance of b-increments vs. a-increments is presented.
The L1 distance and Log-likelihood statistics for independence between a- and
b-increments are controversial. Corn price jumps remind of chain branching
reactions. Bi-logarithmic plots of the empirical frequencies of extreme
b-increments vs. ranks are presented. Corresponding distributions resemble
snakes forked tongues. The maximum profit strategy is discussed as a measure of
non-equilibrium.
