Corn silos on a farm

Corn Price Outlook

Corn prices have lost ground over the last month and, on 8 March, traded at USD 336 cents per bushel, which was 4.4% lower than on the same day in the previous month. Moreover, the price was down 3.0% on a year-to-date basis and was 8.3% lower than on the same day last year. Prices for corn this year have been closely related to trade frictions between the U.S. and China. The implementation of Chinese tariffs on U.S. soybeans has led some soybean farmers to switch to corn, boosting corn production and thus dampening prices. Meanwhile, in early March, a USDA report lowered exports and corn use for ethanol, and revised up stock forecasts compared to the February report.

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

2013  2014  2015  2016  2017  2018  
Corn598.06  397.77  361.72  343.92  334.76  338.3  

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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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