Corn rose to 433.53 USd/BU on December 2, 2025, up 0.01% from the previous day. Over the past month, Corn's price has fallen 0.17%, but it is still 2.43% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Corn - values, historical data, forecasts and news - updated on December of 2025.

The Corn Market size was valued at USD 305.32 billion in 2023 and is projected to reach USD 391.09 billion by 2032, exhibiting a CAGR of 3.6 % during the forecasts period. Recent developments include: In August 2023, Bayer has introduced biotech seeds ‘Deklab DK95R’ in Indonesia with the aim of boosting the country's corn production. , In April 2023, Origin Agritech Ltd., a Chinese agriculture technology company, announced its majority-owned joint venture agreement with Shihezi City in Xinjiang Province. The deal was made to allocate 13,300 hectares of farmland for cultivating Nutritionally Enhanced Corn (NEC). , In March 2023, Corteva Agriscience revealed its intentions to launch Vorceed Enlist corn products commercially. Vorceed Enlist corn incorporates three above-ground insect protection modes of action and three below-ground insect protection modes of action, including RNAi technology. .

This statistic shows the development of corn prices within the American market from 1936 to 2023, per metric ton. In 1956, the price for one bushel of corn in the United States was around **** U.S. dollars. In 2016, one bushel of corn cost about **** U.S. dollars and was projected to decrease to *** U.S. dollars in 2023. The United States was the largest producer of corn worldwide in 2022.

The global corn market reached a volume of 1183.43 MMT in 2024. The market is projected to grow at a CAGR of 1.10% between 2025 and 2034, to reach a volume of around 1320.24 MMT by 2034.

Global corn market size & share estimated to surpass USD 410.02 billion by 2032, to grow at a CAGR of 3.6% during the forecast period. The food & beverages segment held the majority share on account of growing food consumption and advancements in food processing techniques.

In 2024, the U.S. wet corn market decreased by -6.9% to $10.5B, falling for the second year in a row after four years of growth. Overall, consumption saw a pronounced downturn. Over the period under review, the market attained the peak level at $14.1B in 2013; however, from 2014 to 2024, consumption stood at a somewhat lower figure.

Get statistical data on weekly spot market and forward contract corn prices in Ontario. Data includes: * old and new crop Chicago Board of Trade (CBOT) prices * old and new crop weekly unadjusted basis * old and new crop weekly adjusted basis * old crop weekly cash price * new crop cash price * cash price spread * CBOT price spread * Canadian dollar value * 5-year average for corn basis * 10-year average for corn basis * 10-year average cash price Statistical data are compiled to serve as a source of agriculture and food statistics for the province of Ontario. Data are prepared primarily by Statistics and Economics staff of the Ministry of Agriculture, Food and Agribusiness, in co-operation with the Agriculture Division of Statistics Canada and various government departments and farm marketing boards.

Corn Market Outlook

According to our latest research, the global corn market size reached USD 265.4 billion in 2024, reflecting robust demand across food, feed, and industrial applications. The market is projected to expand at a CAGR of 4.3% from 2025 to 2033, culminating in a forecasted market size of USD 382.6 billion by 2033. This impressive growth trajectory is primarily fueled by rising population, increasing demand for animal protein, and expanding biofuel production, positioning corn as a cornerstone commodity in the global agri-food and industrial sectors.

Several pivotal factors contribute to the dynamic expansion of the corn market. Firstly, escalating global population and urbanization trends are significantly increasing the demand for staple foods, processed food products, and animal protein, all of which rely heavily on corn either as a direct food ingredient or as animal feed. Corn’s versatility as a source of carbohydrates, fiber, and essential nutrients makes it a preferred choice for food manufacturers and consumers alike. Additionally, the rising trend of convenience foods and ready-to-eat meals, particularly in emerging economies, is further propelling the demand for various corn-based products such as corn flour, corn syrup, and snacks, thereby amplifying market growth.

Another key growth driver is the expanding use of corn in the production of biofuels, especially ethanol. As governments worldwide prioritize cleaner, renewable energy sources to mitigate climate change, corn-based ethanol has gained prominence as a sustainable alternative to fossil fuels. The United States, Brazil, and China are leading the adoption of corn-derived biofuels, bolstering both domestic and international demand. Furthermore, advancements in agricultural biotechnology, such as genetically modified (GM) corn varieties with higher yields and resistance to pests and diseases, have enhanced productivity and supply stability, supporting sustained market expansion. These innovations not only increase farm profitability but also help meet the growing global appetite for corn.

Moreover, the corn market benefits from its critical role in the animal feed industry. As the global middle class expands and dietary patterns shift towards higher meat and dairy consumption, the demand for livestock feed has surged. Corn, being a primary feed grain due to its high energy content and digestibility, is indispensable for poultry, swine, and cattle farming. This trend is particularly pronounced in Asia Pacific and Latin America, where rapid economic development and urbanization are transforming dietary habits. In addition, the industrial sector’s use of corn in producing starch, sweeteners, and biodegradable plastics is further diversifying the market’s growth avenues, ensuring corn’s relevance across multiple value chains.

Regionally, North America dominates the corn market owing to its vast arable land, advanced farming techniques, and well-established supply chains. The United States, in particular, is the world’s largest producer and exporter of corn, accounting for a significant share of global output. However, Asia Pacific is emerging as the fastest-growing region, driven by rising food demand, expanding livestock industries, and increasing investments in agricultural infrastructure. Latin America, led by Brazil and Argentina, is also witnessing substantial growth due to favorable climatic conditions and government support for export-oriented agriculture. Europe and the Middle East & Africa, while smaller in market share, are experiencing steady growth as well, supported by food security initiatives and technological advancements in farming.

Product Type Analysis

The corn market is segmented by product type into sweet corn, dent corn, flint corn, popcorn, flour corn, and others, each catering to distinct consumer and industrial needs. Dent corn dominates the segment, primarily due to its extensive use in animal feed, industrial processing, and ethanol production. Its high starch content and adaptability to various agro-climatic conditions make it the preferred choice among large-scale producers, particularly in North America and Latin America. Sweet corn, on the other hand, enjoys popularity in the food and beverages sector, especially in processed and canned food products, salads, and snacks. Its appeal lies in its tender kernels and natural sweetness, making it a staple in both fresh and processed forms across North America, E

Check Market Research Intellect's Corn Market Report, pegged at USD 225 billion in 2024 and projected to reach USD 300 billion by 2033, advancing with a CAGR of 4.2% (2026-2033).Explore factors such as rising applications, technological shifts, and industry leaders.

In 2022, the average price of one bushel of corn was around **** U.S. dollars. That year, the United States was the largest producer of corn in the world.

China Settlement Price: Dalian Commodity Exchange: Corn: 2nd Month data was reported at 2,241.000 RMB/Ton in Nov 2025. This records an increase from the previous number of 2,118.000 RMB/Ton for Oct 2025. China Settlement Price: Dalian Commodity Exchange: Corn: 2nd Month data is updated monthly, averaging 2,465.000 RMB/Ton from Sep 2004 (Median) to Nov 2025, with 255 observations. The data reached an all-time high of 2,971.000 RMB/Ton in Apr 2022 and a record low of 1,126.000 RMB/Ton in Oct 2004. China Settlement Price: Dalian Commodity Exchange: Corn: 2nd Month data remains active status in CEIC and is reported by Dalian Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Dalian Commodity Exchange: Commodity Futures: Settlement Price.

View yearly updates and historical trends for US Sweet Corn, Fresh Market Price Received. from United States. Source: US Department of Agriculture. Track …

The global preserved sweet corn market reached $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the global market reached the peak level in 2022 and is expected to retain growth in years to come.

ABSTRACT Objective: The present study estimates the liquidity cost of the corn future contract traded on B3 (formerly BM&FBovespa) and compare it to the CME corn future contract, through five implicit bid-ask spread measures. Originality/value: The market microstructure approach, with its focus on high frequency data, reveals characteristics of the emerging agricultural markets (also known as thin markets), which were not evident in studies with daily frequency data. Design/methodology/approach: To analyze the performance of five cost estimators, the data used in our analysis consists of intraday series of future contracts of B3 and CME from September 1, 2015, to August 30, 2016. The methodology adopted includes these estimators: Roll model (1984); Model of Thompson & Waller (1987) model of Choi, Salandro & Shastri (1988);Model of Chu, Ding & Pyun (1996) and the model of Wang, Yau & Baptiste (1997). Findings: The liquidity cost is lower in CME’s future corn market than in B3, and the estimated cost of liquidity in CME’s future corn market is 2 to 3 cents (in R$/60-kgbag) while at BM & F the cost is 6 to 16 cents (in R$/60-kgbag).

The corn grain market is a key global commodity with multi-sectoral use influencing demand and supply, prices affected by internal factors like supply and demand, and external factors like trade policies and global weather patterns.

GMO Corn Market size was valued USD 270.2 billion in 2024 and projected to reach USD 408.4 billion in 2032, and increasing at a CAGR of 5.3% from 2025-2032

The China Corn Market size was valued at USD 6.17 Million in 2023 and is projected to reach USD 6.52 Million by 2032, exhibiting a CAGR of 3.10 % during the forecast periods. Recent developments include: June 2022: The Chinese National Crop Variety Approval Committee released two sets of standards to clear the cultivation of genetically modified (GM) crops in China. For the commercial production of GM maize in China, the government has two steps in these regulations: a "safety certificate" and a "variety approval" before crops can be commercially cultivated in the provinces., July 2021: Chinese farmers sharply increased corn planting to cash in on demand-fuelled record prices, a trend that cooled the country's rampant import appetite. This expansion, mainly at the expense of soybeans and other crops, including sorghum and edible beans, boosted China's maize output in 2021-22 by at least 6 percent., June 2021: China started sustainable production of maize that could 'boost yields and cut greenhouse gas emissions and fertilizer use' in the country by 2035.. Notable trends are: Increasing Demand for Corn as Animal-based Protein Sources.

The corn silage market size expects a significant bump in its value, from US$ 348.5 million in 2024 to US$ 688.4 million in 2034. The updated report points to a CAGR of 7.0% CAGR from 2024 to 2034. That is a slight improvement from the previous CAGR of 6.60% observed between 2019 and 2023.

Attributes	Details
Market Size, 2024	US$ 348.5 million
Market Size, 2034	US$ 688.4 million
Value CAGR (2024 to 2034)	7.0%

Category-wise Insights

Segment	Beef Cattle (End Use)
Value Share (2024)	62.80%

Segment	Brown Mid-rib (Type)
Value Share (2024)	41.70%

Country-wise Insights

Countries	Value CAGR (2024 to 2034)
United States	6.10%
Germany	5.70%
Japan	5.20%
China	4.80%
India	6.30%

Explore the factors influencing corn prices in 2023, including geographical variables, market demand, and climatic conditions. Learn about the impact of trade policies, technological advancements, and supply chain issues on corn market fluctuations.

Basis reflects both local and global supply and demand forces. It is calculated as the difference between the local cash price and the futures price. It affects when and where many grain producers and shippers buy and sell grain. Many factors affect basis—such as local supplies, storage and transportation availability, and global demand—and they interact in complex ways. How changes in basis manifest in transportation is likewise complex and not always direct. For instance, an increase in current demand will drive cash prices up relative to future prices, and increase basis. At the same time, grain will enter the transportation system to fulfill that demand. However, grain supplies also affect basis, but will have the opposite effect on transportation. During harvest, the increase in the supply of grain pushes down cash prices relative to futures prices, and basis weakens, but the demand for transportation increases to move the supplies.

For more information on how basis is linked to transportation, see the story, "Grain Prices, Basis, and Transportation" (https://agtransport.usda.gov/stories/s/sjmk-tkh6), and links below for research on the topic.

This data has corn, soybean, and wheat basis for a variety of locations. These include origins—such as Iowa, Minnesota, Nebraska, and many others—and destinations, such as the Pacific Northwest, Louisiana Gulf, Texas Gulf, and Atlantic Coast.

This is one of three companion datasets. The other two are grain prices (https://agtransport.usda.gov/d/g92w-8cn7) and grain price spreads (https://agtransport.usda.gov/d/an4w-mnp7). These datasets are separate, because the coverage lengths differ and missing values are removed (e.g., there needs to be a cash price and a futures price to have a basis price).

The cash price comes from the grain prices dataset and the futures price comes from the appropriate futures market, which is Chicago Board of Trade (CME Group) for corn, soybeans, and soft red winter wheat; Kansas City Board of Trade (CME Group) for hard red winter wheat; and the Minneapolis Grain Exchange for hard red spring wheat.