Corn prices averaged USD 469 cents per bushel in August, up 5.7% from July. On 31 August, the commodity traded at USD 515 cents per bushel, up 16.8% from 31 July.
Corn prices averaged the highest since April 2025 in August amid mounting supply concerns. The USDA lowered its ending stock projections for the U.S. due to increased usage expectations, and the Midwest drought led to crop quality downgrades, with only 61% of crops rated as ‘good’ or ‘excellent,’ compared to 67% in June. Additionally, intensifying infrastructure attacks in the Black Sea region flared heightened concerns regarding the export capacity of Russia and Ukraine ahead of the peak of the main export season.
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 | - | - | 395 | 428 | 474 | 453 | 403 | 433 | 440 | 446 | - | - |