Corn silos on a farm

Corn Price Outlook

Corn prices fell through mid-November before bouncing back in late November. Corn traded at USD 342 cents per bushel on 30 November, which was up 3.3% from the same day in the previous month. Moreover, the price was 5.9% higher on a year-to-date basis and was up 8.9% from the same day last year. Prices rebounded in late November on anticipation of the official signing of the United States-Mexico-Canada Agreement at the G20 summit, which will boost demand prospects by assuring continued U.S. corn market share in Mexico and Canada. On the supply side, a recent U.S. Agriculture Department report bumped world ending stocks up considerably from its October estimate due to a revision to China’s stocks. While China is not an exporter of corn, this suggests the market is less tight than previously estimated.

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

2013  2014  2015  2016  2017  
Corn598.06  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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