Corn Price Outlook

Corn prices were virtually unchanged over the past month, as weak demand from ethanol production plants sitting idle due to lockdown measures, was offset by a stronger USD. Corn traded on 15 May at USD 319 cents per bushel, which was stable compared to the same day a month earlier. The price was 17.7% lower on a year-to-date basis and was down 13.6% from the same day last year. The Great Lockdown recession has raised concerns over demand for corn, particularly when it comes to its use in ethanol production, thus weighing on prices in recent weeks. Moreover, recent USDA data indicated a comparatively weak planting season underway, but expects U.S. corn output to reach a possible five-decade high this year. Nevertheless, a stronger USD likely supported prices, amid bearish supply and demand fundamentals.

Corn Price History Data (USD cents per bushel, aop)

2015  2016  2017  2018  2019  
Corn 378.13  359.41  361.24  369.89  384.98  

Sample Report

Price forecasts and historical data for Energy, Metals and Agricultural Commodities.

Download

Corn Historical Price Chart


Corn historical price chart
Note: Chicago Board Of Trade (CBOT) Corn, prices in USD cents per bushel (bu). Daily prices.

Sample Report

Price forecasts and historical data for Energy, Metals and Agricultural Commodities

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Search form