Corn silos on a farm

Corn Price Outlook

The price of corn was broadly stable in recent weeks, trading on 17 January at USD 389 cents per bushel, which was down 0.2% from the same day a month earlier. The price was 0.4% higher on a year-to-date basis and was up 2.4% from the same day last year. The closing of the U.S.-China “phase one” trade deal supported prices, although the release of the agreement’s text seemingly had the opposite effect, as there was a lack of certainty and detail about future Chinese corn purchases. Moreover, the USDA projected in January there will be a lower amount of international corn stockpiles at the end of this growing season compared to both its previous forecast and the stockpiles at the end of the last growing season, primarily due to a higher demand forecast.

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

2013  2014  2015  2016  2017  
Corn 598.06  397.77  361.72  343.92  334.76  

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

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Corn Historical Price Chart


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

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

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