Corn fell to 397.51 USd/BU on July 11, 2025, down 2.39% from the previous day. Over the past month, Corn's price has fallen 9.35%, and is down 4.16% compared to the same time last year, 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 July of 2025.

Interactive chart of historical daily corn prices back to 1959. The price shown is in U.S. Dollars per bushel.

Wheat fell to 545.50 USd/Bu on July 11, 2025, down 1.62% from the previous day. Over the past month, Wheat's price has risen 3.61%, but it is still 0.95% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Wheat - values, historical data, forecasts and news - updated on July of 2025.

Soybeans rose to 1,015.50 USd/Bu on July 11, 2025, up 0.30% from the previous day. Over the past month, Soybeans's price has fallen 2.57%, and is down 7.94% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Soybeans - values, historical data, forecasts and news - updated on July of 2025.

Graph and download economic data for Global price of Corn (PMAIZMTUSDM) from Jan 1990 to May 2025 about corn, World, and price.

Interactive chart of historical daily wheat prices back to 1975. The price shown is in U.S. Dollars per bushel.

In 2024/2025, it is expected that the United States will be the largest producer of corn worldwide with a production volume amounting to about ***** million metric tons. China and Brazil rounded off the top corn producing countries. Corn production Corn, also known as maize, is a grain plant cultivated for food. The origin of this grain remains unknown, however, many historians believe that corn was first domesticated in Mexico's Tehuacan Valley. Types of corn include sweet corn, popcorn, pod corn, flint corn, flour corn, waxy corn and dent corn. Corn is one of the most important crops in the United States. Over the last years, the country's corn farmers experienced constant increases in annual revenues. In 2022/23, the U.S. was responsible for almost one-third of the global corn production. Iowa and Illinois were the top U.S. states based on harvested area of corn for grain in 2023. That year, Iowa's corn for grain production value amounted to approximately ***** million acres. In 2022/23, the United States exported around **** million metric tons of corn, making the nation the world's second largest corn exporter. Mexico and China were the leading buyers of U.S. corn in 2022, purchasing approximately *** million bushels and *** million bushels respectively.

Graph and download economic data for Global price of Wheat (PWHEAMTUSDM) from Jan 1990 to Apr 2025 about wheat, World, and price.

The US agricultural industry has been shaped by fluctuations in crop prices, production levels and yields. While prices for core US crops such as corn and wheat remain above historical averages, they have moderated from the peaks seen in 2021-2022. This moderation has clashed with high production costs, particularly for inputs like seeds and fertilizers, which have not decreased in line with prices and revenues. As a result, farmers are encountering tighter profit, even as industry revenue has grown overall. Despite the pressures from input costs, technological advancements such as precision agriculture are helping to offset some challenges by improving efficiency and production. Overall, revenue has grown at a CAGR of 2.7% to reach an estimated $586.5 billion after a decrease of 2.7% in 2025. In tandem with these price and production shifts, consumer preferences are exerting significant influence over the agricultural landscape. The demand for sustainable and ethically-produced livestock products is rising, prompting producers to adapt their practices to meet changing consumer expectations. This shift comes amid severe drought conditions forcing cattle herd liquidations, a move that has boosted revenues through higher prices and sales volumes but ultimately stresses long-term supplies. Meanwhile, climate change continues to introduce strong production fluctuations, as evidenced by altering pest and disease patterns and extreme weather events disrupting traditional farming cycles. Adaptation strategies, such as planting drought-resistant crops and investing in climate-smart technologies, are becoming increasingly common as farmers strive to maintain resilience. In the coming five years, the sector will struggle to maintain revenue as prices decline in key segments and climate change adds a great deal of volatility. Sector revenue is forecast to decline at a CAGR of 1.4% to reach $546.4 billion in 2030. Crop prices are projected to decline over the next decade, while yields are expected to trend upward due to ongoing technological advancements. Despite drops in overall export revenue and competition from producers such as China and Brazil, emerging markets, particularly in Asia and Africa, will present new avenues for growth as demand for diverse agricultural products increases. Additionally, the potential for income generation through participation in carbon markets and adoption of nature-positive farming practices offers promising revenue diversification. The increasing frequency of extreme seasons and weather events, however, will make production planning challenging and exaggerate farmers' dependence on agricultural services, agrochemicals, irrigation and other expenses, putting pressure on profit as farmers try to maintain yields.

The global double auger grain cart market is experiencing robust growth, driven by increasing agricultural productivity and the need for efficient grain handling solutions. The market, estimated at $2.5 billion in 2025, is projected to expand at a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033, reaching an estimated $3.8 billion by 2033. This growth is fueled by several factors. Larger farms are increasingly adopting these carts to minimize harvest downtime and maximize yields, especially in regions with high grain production volumes. Technological advancements, such as improved auger designs and increased cart capacities (ranging from <500 to >1000 bushels per minute), are enhancing operational efficiency and attracting farmers seeking to optimize their harvesting processes. Furthermore, the growing demand for grains like wheat, corn, and oats in both developed and developing nations is directly impacting the need for efficient grain transport and storage solutions, thus boosting the market for double auger grain carts. The market segmentation shows strong demand across diverse applications, with wheat and corn leading the way, and a significant preference for carts with higher capacity (500-1000 bushels per minute and >1000 bushels per minute). Key players like Unverferth, Demco Products, Parker, and Brent are actively shaping the market through innovation and expansion. Regional analysis reveals a significant presence in North America, driven by the region’s extensive agricultural sector. However, growth is anticipated in other regions, including Asia-Pacific (driven by countries like China and India) and parts of Europe and South America, fueled by rising agricultural output and investment in modernized farming practices. While the market faces challenges such as fluctuating commodity prices and high initial investment costs, the overall long-term outlook remains positive, driven by the increasing need for efficient and high-capacity grain handling solutions across the globe. The continued adoption of precision agriculture technologies further contributes to the market’s growth, as farmers seek to optimize every stage of their operations. Competition among manufacturers is expected to remain strong, focusing on delivering improved features, durability, and cost-effectiveness.

The global single-auger grain cart market is experiencing robust growth, driven by increasing demand for efficient grain handling solutions in large-scale farming operations. The market's expansion is fueled by several factors, including the rising adoption of precision agriculture technologies, increasing farm sizes, and the need to minimize post-harvest losses. The preference for larger capacity carts (over 1000 bushels per minute) is a significant trend, reflecting the move towards higher efficiency and reduced downtime during harvest. Key applications like wheat, corn, and rice cultivation are major contributors to market demand, with the wheat segment likely holding the largest share due to its global prevalence. Geographic distribution shows strong demand in North America, particularly the United States and Canada, owing to the extensive agricultural landscape and advanced farming practices. Europe and Asia-Pacific regions also contribute significantly, with growth potential in emerging economies driven by increasing mechanization of agriculture. However, market restraints include the high initial investment cost of these carts and the cyclical nature of agricultural commodity prices, which can impact farmer investment decisions. The market segmentation by capacity (less than 500, 500-1000, and greater than 1000 bushels per minute) and application (wheat, oats, rice, corn, and others) provides a granular view of market dynamics, allowing for targeted product development and strategic market entry for manufacturers. Competition is moderately concentrated, with leading players like Unverferth Manufacturing, Demco Products, Kinze, Brent, J&M, and Parker dominating market share through innovation and established distribution networks. Future growth is expected to be driven by technological advancements, including automation and GPS integration, to further enhance operational efficiency and reduce labor costs. Assuming a 2025 market size of $1.5 billion (a reasonable estimate given the scale of agricultural machinery markets), and a CAGR of 5% (a conservative estimate reflecting market maturity and economic cycles), the market is projected to expand significantly by 2033. The ongoing trend towards larger farms and increased mechanization will continue to propel this growth. Innovation in cart design and integration with other farm machinery will further drive market expansion. The different application segments will likely exhibit varied growth rates, reflecting crop production patterns and regional differences in farming practices. Regional markets will also show different growth trajectories; established markets in North America and Europe are likely to see steady growth, while emerging markets in Asia and South America offer high potential for future expansion. The competitive landscape will remain dynamic, with existing players focusing on innovation and new market entrants seeking to carve out a niche.

According to Cognitive Market Research, the global agriculture reinsurance market size will be USD 16245.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 14.0% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 6498.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 4873.65 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 3736.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 812.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 324.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.7% from 2024 to 2031.
The weather reinsurance category is the fastest growing segment of the agriculture reinsurance industry

Market Dynamics of Agriculture Reinsurance Market

Key Drivers for Agriculture Reinsurance Market

Rising Prices of Agricultural Products to Boost Market Growth

Rising prices of agricultural products can positively impact the agriculture reinsurance market by increasing the value of insured assets, leading to higher premiums and potential profitability for reinsurers. As agricultural prices soar, farmers may seek more comprehensive coverage to protect their investments, driving demand for reinsurance products. Additionally, higher commodity prices may result in increased investment in agricultural technology and practices, reducing risks. However, volatility in prices can also lead to unpredictable claims, necessitating more sophisticated risk assessment and management strategies within the reinsurance sector. For instance, the value of commodity crops like corn and wheat went up sharply in 2022 owing to the disruptions in the supply chain as well as bad weather. The cost of wheat went up by around 40% between 2021 and 2022, reaching a high of $10.80 per bushel in the world market. This sharp rise in prices makes it harder for farmers to forecast their potential income and increases their vulnerability to monetary loss in case of crop failures, hence creating a greater need for agricultural reinsurance products which guarantee money protection against such losses.

Development of Customized & Innovative Insurance Products to Drive Market Growth

The agriculture reinsurance market is evolving through the development of customized and innovative insurance products tailored to specific agricultural risks. By leveraging advanced data analytics and technology, reinsurers can create solutions that address unique challenges faced by farmers, such as climate variability and crop diseases. These products may include parametric insurance, which triggers payouts based on predefined metrics, enhancing financial security for farmers. Such innovations not only improve risk management but also foster greater confidence in agricultural investments, ultimately contributing to a more resilient agricultural sector. For instance, the introduction of multi-peril crop insurance (MPCI) that covers a wider range of risks, like infestation of pests, diseases, and loss in yield because of adverse weather. In the United States, the Federal Crop Insurance Program, which provides tailored MPCI products, covered about 130 million acres of crops in 2022. With increasingly unpredictable weather patterns and more frequent extreme events, the demand for such specialized insurance products increases. This insurance innovation aids farmers in better controlling risks, while driving demand for agricultural reinsurance as insurers aim to control the risks involved in these more complicated and customized products.

Restraint Factor for the Agriculture Reinsurance Market

Fluctuations in Commodity Prices Will Limit Market Growth

Fluctuations in commodity prices significantly impact the agriculture reinsurance market. When prices of crops and livestock rise, farmers may invest more in production, increasing the demand for reinsuranc...

According to Cognitive Market Research, the global Air Seeder market size will be USD 10651.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.20% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 4260.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 3195.45 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 2449.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 532.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 213.03 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
The Rear Tow Seeder Bins category is the fastest growing segment of the Air Seeder industry

Market Dynamics of Air Seeder Market

Key Drivers for Air Seeder Market

Increasing use of sophisticated agricultural technology to Boost Market Growth

The increasing use of sophisticated agricultural technology in machinery is expected to propel the air seeder market's global expansion. One such example is the incorporation of automatic seeders, which help to improve farming precision while lowering the time and expense of sowing. It is anticipated that the growth of small and medium-sized businesses producing agricultural equipment would further expand the worldwide market for air seeders. These devices are widely used for planting seeds for row crops, including soybeans, corn, cotton, sunflower, and other legumes. The USDA's Crop Production 2021 Summary report anticipated that 15.1 billion bushels of maize, 448 million bushels of sorghum, and 4.44 billion bushels of soybeans will be produced.

Rising mechanization in emerging nations to Drive Market Growth

In the upcoming years, the air-seeder market is expected to be driven by rising mechanization in emerging nations. In developing nations, the rate of farm mechanization has increased due to labor, land, and water shortages. As farmers look to increase output and implement cutting-edge farming techniques, developing regions—especially those in Asia Pacific and Latin America—are seeing an increase in demand for contemporary agricultural equipment. In 2022, agricultural mechanization will make up 50–60% of agricultural mechanization in emerging countries like China and India, while it will make up over 95% in industrialized nations like the US and Japan. Total crop yields, grain crop yields, and cash crop yields all rise by 1.2151, 1.5941, and 0.4351%, respectively, for every 1% increase in mechanization. Furthermore, due to government programs encouraging agricultural modernization and financial aid for equipment purchases, these areas provide substantial growth potential for air seeder producers. Manufacturers can access these areas and grow their clientele by working with regional dealers and setting up a strong distribution system.

Restraint Factor for the Air Seeder Market

High initial expenses associated with acquiring and implementing air seeder technology will Limit Market Growth

The high initial expenses associated with acquiring and implementing air seeder technology may prevent its widespread use. Depending on its size and complexity, an air seeder can cost anywhere from tens of thousands to hundreds of thousands of dollars. It may therefore be difficult for smaller farms or those with limited resources to invest in this technology. In addition to its initial high cost, owning and operating an air seeder comes with ongoing costs. These costs include of maintenance, repairs, and fuel or electricity costs. For some farmers, these ongoing expenses can become a further deterrent to farming and can quickly accumulate. The high capital costs of this precise seeding technology may deter potential buyers, which would alter the market's overall dynamics. It is advised that industry participants and stakeholders use capable strategic planning to handle and manage these bud...

The global single-auger grain cart market is experiencing robust growth, driven by increasing demand for efficient grain handling solutions in large-scale farming operations. The market, estimated at $2 billion in 2025, is projected to witness a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033, reaching approximately $2.8 billion by 2033. This growth is fueled by several key factors. Firstly, the rising global population necessitates increased agricultural output, leading to the adoption of advanced harvesting and transportation equipment like single-auger grain carts. Secondly, technological advancements resulting in larger cart capacities, improved auger designs for faster unloading, and enhanced durability contribute to increased efficiency and reduced operational costs, making them attractive investments for farmers. Furthermore, the trend towards precision agriculture, enabling optimized field operations and minimizing grain losses, further supports market expansion. The market is segmented by application (wheat, oats, rice, corn, others), capacity ( <500, 500-1000, >1000 bushels per minute), and geographic region. North America currently holds a significant market share, followed by Europe and Asia Pacific, with emerging markets in South America and Africa exhibiting promising growth potential. Key restraining factors include the high initial investment cost of single-auger grain carts and fluctuating commodity prices that can impact farmer purchasing decisions. However, the long-term benefits in terms of increased efficiency and reduced labor costs outweigh these challenges, ensuring sustained market growth. Competition in the market is intense, with major players like Unverferth Manufacturing, Demco Products, Kinze, Brent, J&M, and Parker constantly innovating and expanding their product lines to cater to evolving farmer needs and preferences. The focus on developing sustainable and technologically advanced grain carts will continue to shape the market landscape in the coming years. The market is poised for significant expansion as the demand for efficient and high-capacity grain handling solutions continues to grow alongside the global agricultural sector.

The global double auger grain cart market is experiencing robust growth, driven by increasing demand for efficient grain harvesting solutions in large-scale agricultural operations. The market size in 2025 is estimated at $2.5 billion, reflecting a steady Compound Annual Growth Rate (CAGR) of 6% from 2019 to 2024. This growth is fueled by several factors: the rising adoption of precision agriculture techniques, increasing farm sizes leading to higher grain volumes, and the need for faster and more efficient grain handling to minimize post-harvest losses. Key trends shaping this market include the incorporation of advanced technologies like GPS-guided systems for precise operation and improved data analytics for optimized logistics and yield management. Furthermore, the growing focus on sustainability and reducing fuel consumption is driving the development of more energy-efficient models. Market segmentation reveals a strong demand for carts with capacities exceeding 1000 bushels per minute, particularly in regions with vast agricultural lands like North America and parts of Europe. Competition is relatively concentrated, with key players such as Unverferth, Demco Products, Parker, and Brent continually striving to improve cart designs and features to gain market share. The segment for wheat and corn applications shows the strongest growth trajectory, indicating preferences among farmers focusing on high-volume grain handling. However, the market also faces restraints, including the high initial investment cost of these carts and the potential for fluctuations in commodity prices influencing farmer spending. Despite these challenges, the long-term outlook for the double auger grain cart market remains positive. The forecast period of 2025-2033 projects consistent growth, primarily due to ongoing technological advancements, increasing global food demand, and the continued expansion of large-scale farming. This expansion will further necessitate efficient grain handling solutions to support timely harvesting and reduce wastage. Regional growth will be driven by intensifying agricultural activities in regions such as North America, Europe, and parts of Asia-Pacific, where large-scale farming operations dominate. Continuous innovations in design and features, coupled with the integration of smart technologies, are expected to position this market for sustained growth in the coming years.

The US soybean farming industry is navigating significant changes in the current period, with soybean prices determining the initial rise and recent decline in industry performance. These prices have been influenced by several key factors, including the growing demand for biofuels and mixed consumer perceptions regarding soy products. The demand for soybean oil in biofuel production surged due to supportive policies like the Renewable Fuel Standard and rising crude oil prices, creating a lucrative market for soybean producers. However, subsequent drops in fertilizer and crude oil prices, paired with record-high soybean production, have sharply dropped soybean prices, bringing revenue and profit down with them as farmers struggle to balance costs with lower incomes. Industry has shrunk a compound annual growth rate (CAGR) of 2.6%, with a decrease of 8.7% in 2025, reaching an estimated $44.2 billion. US soybean exports are facing mounting challenges due to competitive pressures abroad and quickly evolving trade policy. Brazil’s increased production and improved export infrastructure have strengthened its position as a major supplier, particularly to China, which is reducing its reliance on US soybeans. This shift threatens US exports and compels American farmers to reassess their strategies, focusing on market diversification and emphasizing quality and sustainability to remain competitive. Rising geopolitical tensions and newly imposed tariffs, such as those affecting key markets like the EU, Canada and China, have further complicated trade, impacting US farmers' access and pricing power in these vital markets. Through the end of 2025, soybean prices are initially projected to decline due to increased production and growing global supplies. However, as climate change impacts crop yields through extreme weather and pest challenges and supplies become limited prices will be pushed upward alongside rising global demand. Subsidies will continue to play a vital role in supporting farmer incomes amids these fluctuations, providing some stability to an otherwise highly volatile industry. However, the industry faces significant uncertainty due to the ongoing USDA funding freeze is creating significant uncertainty, particularly where government support and subsidies are concerned. This freeze is affecting a wide range of agricultural programs including conservation efforts, market development, research and technical assistance. Over the next five years, the industry is expected to grow at a CAGR of 1.3%, with revenues reaching $47.1 billion by the end of 2030.