Corn Price OutlookCorn prices have followed an overall downward trend in recent months. After falling to a near two-year low at the end of August, prices ticked up a notch but remained subdued in early September. Corn traded at USD 317 cents per bushel on 9 September. The price was up 1.9% from the same day of the previous month and was 9.6% lower on a year-to-date basis. The price was down 8.3% from the same day last year. Expectations of a record corn harvest in the United States, the world’s top corn producer, have exerted pressure on corn prices. The U.S. Department of Agriculture expects 15.2 billion bushels to be produced in the U.S. this autumn, which would mark an unprecedented harvest. The buoyant outlook for supply has been boosted by very favorable production conditions in the U.S. Corn Belt and is keeping corn prices subdued overall.
Corn Price History Data (USD cents per bushel)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Note: Chicago Board Of Trade (CBOT) Corn, prices in USD cents per bushel (bu). Prices are average of period (aop).
Corn Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities