Corn fell to 397.25 USd/BU on September 5, 2025, down 0.63% from the previous day. Over the past month, Corn's price has risen 4.61%, but it is still 2.22% lower 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 September of 2025.

The United States is the leading consumer of corn worldwide. In 2024/2025, the U.S. consumed about 318.277 million metric tons of corn. China ranked second with a consumption volume of 316 million metric tons. That year, the EU consumed about 78 million metric tons of corn in that year. Corn production in the U.S. Corn for grain makes up about a 27.5 percent share of all U.S. crop area harvested in 2022, meaning that corn has the second largest crop area in the United States. By contrast, corn for silage only makes up a two percent share of the total U.S. crop area. In 2022, approximately 13.7 billion bushels of corn for grain were produced in the United States. The vast majority of corn grown in the United States is enhanced with biotechnology. Corn utilization in the U.S. Though it is a popular and widely available vegetable in the United States, most of the corn grown in the United States is processed into ethanol, used as animal feed, or used to manufacture high fructose corn syrup. Of the 20 billion metric bushels of corn utilized in the United States in 2020/2021, about five billion metric bushels went to the production of ethanol and other by-products. In 2021, the average American consumed 4.3 pounds of fresh sweet corn, a decrease from about 9.2 pounds of sweet corn in 2010.

The United States was responsible for almost one third of the world's corn production in 2024/25. Most of the U.S. production is attributable to the Corn Belt, which is in the Midwest of the United States. Since the 1850s, corn has been the predominant crop in this area. U.S. corn production Most of the corn grown in the U.S. is field corn. Field corn is not primarily for human consumption but is used to produce hundreds of other products such as ethanol, livestock feed, and other manufactured goods. In 2024, the U.S. harvested over 86 million acres of corn for grain. Wisconsin, California, and South Dakota were the top states producing corn for silage in the U.S. that year. Global corn consumption: It’s Corn! In 2022/23, just under 46 billion bushels of corn were consumed worldwide. The United States and China were the top consumers of corn in the world, each consuming over 11 billion bushels that year. Even though the U.S. leads in consumption globally, the consumption of sweet corn has declined drastically since 2015. Mexico was the top importer of U.S. corn in 2022, followed by China.

Wheat rose to 506 USd/Bu on September 5, 2025, up 0.75% from the previous day. Over the past month, Wheat's price has fallen 0.49%, and is down 8.54% compared to the same time last year, 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 September of 2025.

In 2023, Brazil was the leading exporter of corn worldwide, with an export volume of 55.9 million metric tons. The United States ranked second, with 46 million metric tons exported, followed by Ukraine, with 26.4 million metric tons of corn exported. Global supply and demand Beyond its role as a global food source, corn serves as a versatile raw material for diverse industries. Its applications range from animal feed and ethanol production to the manufacturing of sweeteners, starches, cereals, beverages, and seeds. Worldwide corn production in 2022/23 reached over 1.15 billion metric tons and was forecasted to slightly increase in 2023/24. This massive production is met with equally substantial demand, as global corn consumption is forecasted to reach nearly 50 billion bushels in 2023/24. U.S. dominance The United States produced nearly a third of the world's corn in 2023/24. The Corn Belt, a region in the U.S. Midwest, is the primary source of this production. Corn has been the dominant crop in this area since the 1850. The United States is expected to be the world's largest corn producer in 2023/2024, producing just under 390 million metric tons. While China and Brazil are the second and third-largest producers, respectively.

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.

Soybeans rose to 1,015 USd/Bu on September 5, 2025, up 0.30% from the previous day. Over the past month, Soybeans's price has risen 5.56%, and is up 1.26% 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 September of 2025.