Corn prices averaged USD 475 cents per bushel in October, down 10.7% from September. On 30 October, the commodity traded at USD 448 cents per bushel, down 10.6% from 30 September.
In October, average corn prices tumbled over 10% month on month as the U.S. harvest accelerated, and the USDA surprised market analysts with an upward revision to its 2026 output forecast, with production set to be the second-highest on record. Additionally, export sales—a proxy for demand—were down 48% compared to a year ago, flagging concerns over demand, the pace of shipments and competition from other markets.
This chart displays Corn (US¢/bu) from 2024 to 2026.
Corn CBOT (prices in US¢/bu, aop)
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Corn CBOT | - | - | - | 428 | 474 | 453 | 403 | 433 | 440 | 446 | 481 | - |