Corn silos on a farm

Corn Price Outlook

Corn prices weakened through mid-September on a USDA report which revised U.S. production estimates upwards due to improved yields. However, prices then recovered lost ground towards the end of the month and heading into October, thanks to a boost by the announcement of a revised NAFTA deal. The agreement should safeguard U.S. corn exports to Mexico—the largest importer of U.S. corn. Corn traded at USD 325 cents per bushel on 5 October, which was 0.9% higher than on the same day last month and was up 0.5% on a year-to-date basis. Moreover, the price was 3.3% higher than on the same day last year. Looking ahead, prices should rise on stronger demand, thanks to greater food, feed and industrial usage—including increased usage for ethanol production. On the supply side, global production is expected to rise in the 2018/19 season. The United States, Ukraine and China should see higher production, while Argentina and Brazil are set to see output decline from 2017/18.

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

2013  2014  2015  2016  2017  
Corn598.06  397.77  361.72  343.92  334.76  

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

Start Your Free 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