Corn Price OutlookCorn prices surged through May on adverse weather causing planting delays throughout the U.S., before softening somewhat in early June. On 7 June, prices traded at USD 396 cents per bushel, which was up 16.0% from the same day in the previous month. Moreover, the price was 14.3% higher on a year-to-date basis and was up 15.1% from the same day last year. Prices were buttressed throughout May by several reports from the U.S. Department of Agriculture showing severe delays to crop planting hitting supply prospects as millions of acres will likely go unplanted, while yields are also likely to have been negatively affected. As of 3 June, the completion rate of corn planting in the U.S. was only 67% compared to 96% on average in the last five years.
Corn Price History Data (USD cents per bushel, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Corn Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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