Corn fell to 442.02 USd/BU on June 9, 2025, down 0.11% from the previous day. Over the past month, Corn's price has fallen 1.34%, and is down 2.15% 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 June of 2025.

Interactive chart of historical daily soybean prices back to 1971. The price shown is in U.S. Dollars per bushel.

Soybeans fell to 1,055.75 USd/Bu on June 9, 2025, down 0.14% from the previous day. Over the past month, Soybeans's price has fallen 1.45%, and is down 11.15% 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 June of 2025.

Historical daily corn prices back to 1959. The price shown is in U.S. Dollars per bushel.

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.

Learn about current grain prices per bushel for corn, wheat, soybeans, and oats, and how they are impacted by weather conditions, export demand, and government policies affecting production and trade.

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 Rural Affairs, in co-operation with the Agriculture Division of Statistics Canada and various government departments and farm marketing boards.

Learn about the current trends in grain prices per bushel, including the factors affecting corn, wheat, soybean, and sorghum prices in September 2021. Stay informed on the fluctuations in the grain market to make informed investment decisions and agricultural policies.

This data set contains Ontario Wheat Prices 2010-present collected by the Ridgetown College. The dataset includes daily prices of agricultural commodities at individual elevators in Ontario. Daily highs and lows are given for each commodity, as well as, daily Bank of Canada exchange rates. Data are available on a monthly basis. For historical price data going back to 1991, please contact the DRC at drchelp@uoguelph.ca

Get an update on the current grain market prices for corn, soybeans, wheat, and rice. Discover how weather, supply and demand, and global trade policies impact the market and learn how farmers and traders can stay informed and make the most of current market conditions.

Learn about the factors affecting grain commodity prices, and how the prices of wheat, corn, soybeans, rice, and oats have been impacted in recent years. Stay informed to make informed trading decisions.

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. China's corn market is a major global player, characterized by extensive production, government support, and a focus on diverse applications such as food, feed, and biofuels. Advanced farming technologies and various corn types drive growth. The market impacts rural economies, food security, and trade, offering advantages like enhanced food security and rural development. 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.

This statistic shows the leading countries in soybean production worldwide from 2012/13 to 2024/25. From 2015/16 to 2018/2019, the United States was the leading global producer of soybeans with a production volume of 120.52 million metric tons in 2018/2019. As of 2019, Brazil overtook the United States as the leading soybean producing country with a production volume of some 169 million metric tons in 2023/24. Soybean production Soybeans are among the major agricultural crops sowed in the United States, behind only corn. They belong to the oilseed crops category and the majority of U.S. soybeans is planted in May and early June and is harvested in late September and October. Production practices show that U.S. farmers commonly cultivate soybeans in crop rotation with corn. More than 80 percent of soybeans are grown in the upper Midwest. The Unites States reported Illinois, Iowa, and Minnesota as their leading soybean producing states in 2022. Historical data demonstrates that large-scale soybean production did not commence until the 20th century in the United States. However, the latest statistics illustrate that the acreage of the dominant oilseed crop has expanded rapidly. The certain increase of soybean acreage was supported by several factors including low production costs and a greater number of 50-50 corn-soybean rotations. Furthermore, soybeans were one of the first crop types that accomplished commercial success as bioengineered crops. The first genetically modified (GM) soybeans were cultivated in the United States in 1996. They possess a gene that confers herbicide resistance.The usage of soybeans ranges from the animal food industry over human consumption to non-food products. The highest percentage of soybeans goes to the animal feed industry. The product portfolio intended for human consumption include products such as soy milk, soy flour or tofu.

Learn about the factors that affect the price of grain, such as supply and demand, quality, location, and government policies. Get an idea of the current prices of wheat, corn, soybeans, and rice and understand how these prices can fluctuate depending on various variables.

The US crop services industry is currently navigating a period of growth in response to several key market dynamics, particularly within the agricultural sector. The rising demand for organic crops, driven by consumers seeking sustainable, chemical-free food options, is increasing revenue for service providers offering specialized support for organic farming practices. Meanwhile, in the broader crop market, there are mixed impacts. Wheat prices have seen an upward trend due to reduced yields in the EU and export restrictions from Russia, prompting wheat growers to increase investment in soil preparation and crop spraying services, thereby boosting demand. Conversely, the crop markets for corn and soybeans have faced pressure from increased production in Brazil, pressuring prices and encouraging growers to save on costs, tempering otherwise solid service revenue growth. Overall, industry revenue has increased at a CAGR of 0.1% in the current period, reaching $36.0 billion after a drop of 2.1% in 2025. Labor costs significantly influence the crop services industry, as agricultural wages have outpaced those in non-farm sectors due to a shortage of skilled workers. This increase in labor expenses, compounded by restrictive immigration policies, poses a challenge to maintaining profitability. Although revenue has risen, profit has declined as many service providers find it difficult to transfer rising wages and high purchase costs to their clients, who are themselves contending with reduced crop receipts. The pressure of keeping service prices competitive amid rising operational costs is forcing providers to implement cost-control measures such as mechanization and worker training programs to sustain profitability and continue delivering essential services to the agricultural sector. Looking ahead, the crop services industry is bracing for a period of revenue declines amid challenges in sustaining profit. With record-level crop yields forecasted through 2025, there will be increased opportunities for agricultural services to enhance harvesting efficiency and optimize yields. However, these production gains will also push crop prices downwards due to heightened global stock levels, greatly constraining farmers' spending on industry services and leading to declining revenues. Beyond 2025, planted acreage is expected to taper off, though crop prices will remain low as well, depressed by increasing international competition. Additionally, climate change and sustainability initiatives are expected to play critical roles in providing new sources of demand for adaptive and resilient farming solutions. Service providers focusing on innovation and aligning with these emerging needs—particularly within sustainable practices—can position themselves as essential partners and better weather the negative effects that dropping crop prices will have. Industry revenue is estimated to decrease at a CAGR of 1.6% to reach $33.3 billion in 2030.

105121 Global export shipment records of Corn Meal with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The renewable propylene glycol market, valued at $426.4 million in 2025, is projected to experience steady growth, driven by increasing demand from various sectors. The 3.2% CAGR indicates a consistent expansion over the forecast period (2025-2033), primarily fueled by the growing adoption of sustainable and bio-based materials across industries. The food processing industry, leveraging renewable propylene glycol's food-grade properties as a humectant and solvent, is a significant driver. The construction sector's utilization in antifreeze formulations and the cosmetics industry's adoption as a solvent and humectant further contribute to market expansion. Soybean-based propylene glycol currently holds a significant market share, due to its readily available feedstock and established production processes. However, corn-based alternatives are gaining traction, spurred by advancements in bio-refining technologies and fluctuating soybean prices. While regulatory hurdles and potential price volatility associated with raw material costs present some constraints, the overall market outlook remains positive, with substantial growth opportunities in emerging economies, particularly within the Asia-Pacific region driven by increasing industrialization and consumer demand for eco-friendly products. Established players like Archer Daniels Midland Company, BASF SE, and Huntsman International LLC. are expected to maintain their strong market presence, but competition from smaller, specialized manufacturers is anticipated to intensify. The market segmentation reveals a dynamic landscape. Food processing applications currently dominate, accounting for a substantial portion of market demand. However, the cosmetics and construction sectors are expected to witness significant growth in the coming years, propelled by the increasing focus on sustainability and the inherent benefits of renewable propylene glycol. Geographical distribution indicates a concentration in North America and Europe, yet developing economies in Asia-Pacific show the strongest potential for future expansion, attracting investments and driving production capacities. The continued focus on sustainability initiatives within various industries is expected to further fuel the demand for renewable propylene glycol, making it a crucial component in the transition towards a more eco-conscious manufacturing landscape.

The fertilizer and compost manufacturing industry has experienced significant growth in the current period due primarily to changes in input prices, crop production and fertilizer pricing. In recent years, high fertilizer prices driven by robust demand and input costs have notably improved industry revenue and profits. Consistent increases in crop yields and production, particularly in core commodities like corn, wheat and soybeans, have bolstered fertilizer demand despite some recent downward pressure from declining crop prices. Even as the agricultural sector begins to deflate after extreme pricing highs in 2022, revenues for fertilizer manufacturers remain elevated and have grown at a CAGR of 6.0% over the current period to reach $35.8 billion after growing by 0.1% in 2025. Beyond domestic demand, global trade dynamics have further positively impacted the industry. The depreciating US dollar has improved the competitiveness of American fertilizer exports on the international stage, particularly in regions dealing with supply chain disruptions and agricultural challenges. As US producers fill supply gaps due to global shortages and bottlenecks from events like the Ukraine-Russia conflict, they have expanded their market presence, supporting the domestic industry's competitive positioning globally. This expansion has been instrumental in cushioning against domestic market fluctuations, with organic and specialty fertilizers leading the charge in capitalizing on global demand. Looking ahead, the industry is poised for continued growth. Geopolitical tensions, such as conflicts impacting global production hubs, are promoting increased reliance on localized production, encouraging investments in domestic capabilities. With governments and consumers increasingly prioritizing sustainability, demand for eco-friendly fertilizers continues to surge. This shift aligns with climate goals and is supported by innovations in organic and compost-based products. Moreover, climate change prompts a need for advanced fertilizer solutions to enhance soil health and crop resilience, driving strategic investments in research and development for long-term competitiveness. Precision fertilization also represents an evolving opportunity for producers to foster efficient, sustainable agricultural practices and open new market avenues. As the industry adapts to these trends, manufacturers' embrace of innovation and sustainability will be critical in meeting future demands and capturing emerging opportunities. Industry revenue is projected to grow at a CAGR of 0.5% to reach $36.7 billion by 2030.

Plant Based Biofuel Market Outlook

The global plant based biofuel market is estimated to reach a market size of USD 200 billion by 2023 and is projected to grow to USD 350 billion by 2032, reflecting a CAGR of 6.5%. The growth of this market can be attributed to increasing environmental awareness, favorable government policies, and technological advancements in biofuel production. The demand for alternative energy sources to reduce carbon emissions and reliance on fossil fuels is a major driving force for this market. Additionally, the rising prices of crude oil and the need for energy security further propel the adoption of plant based biofuels globally.

One of the primary growth factors for the plant based biofuel market is the increasing environmental concerns associated with fossil fuel consumption. Governments worldwide are implementing rigorous regulations to reduce greenhouse gas emissions, which has led to a surge in the adoption of renewable energy sources such as biofuels. Biofuels, derived from plant materials, offer a cleaner and more sustainable alternative to conventional fuels, thereby contributing to a decrease in overall carbon footprint. Moreover, advancements in biofuel production technologies are making it more economically viable and efficient, further bolstering market growth.

Another significant growth factor is the favorable government policies and incentives promoting the use of biofuels. Various countries are providing subsidies, tax benefits, and other financial incentives to encourage the production and use of plant based biofuels. For instance, the Renewable Fuel Standard (RFS) in the United States mandates the blending of renewable fuels with gasoline, thereby driving the demand for biofuels. Similarly, the European Union's Renewable Energy Directive (RED) has set ambitious targets for increasing the share of renewable energy, including biofuels, in the energy mix. These policies are creating a conducive environment for the growth of the plant based biofuel market.

The rising prices of crude oil and the need for energy security are also contributing to the growth of the plant based biofuel market. As the global demand for energy continues to rise, dependence on fossil fuels poses significant economic and strategic risks. Plant based biofuels offer a sustainable and domestically producible alternative, reducing reliance on imported oil. This not only ensures a stable energy supply but also helps in mitigating the volatility associated with oil prices. Consequently, countries are increasingly investing in biofuel production capacities to enhance their energy security and reduce exposure to global oil market fluctuations.

Regionally, the plant based biofuel market exhibits diverse growth patterns. North America and Europe are leading the market due to stringent environmental regulations and substantial investments in renewable energy infrastructure. The Asia Pacific region is emerging as a significant market driven by rapid industrialization, urbanization, and increasing energy demands. Latin America, with its vast agricultural resources, is also witnessing substantial growth in biofuel production. The Middle East & Africa region, although currently smaller in market share, is showing potential growth opportunities due to increasing investments in renewable energy projects and favorable climatic conditions for biofuel feedstock cultivation.

Feedstock Type Analysis

The feedstock type is a crucial segment in the plant based biofuel market, encompassing various raw materials such as corn, soybean, sugarcane, algae, and others. Corn is one of the most widely used feedstocks for biofuel production, particularly in the United States. Corn-based ethanol is a popular biofuel due to its high yield and established production processes. The abundance of corn, coupled with government subsidies, makes it a cost-effective feedstock for biofuel manufacturers. However, the food versus fuel debate remains a significant concern, as diverting corn for biofuel production can impact food supply and prices.

Soybean is another important feedstock, primarily used for producing biodiesel. The oil extracted from soybeans is transesterified to produce biodiesel, which is then blended with conventional diesel. Soybean-based biodiesel is gaining popularity due to its lower greenhouse gas emissions compared to traditional diesel. The United States and Brazil are major producers of soybean biodiesel, thanks to their large-scale soybean cultivation. However, fluctuations in soybean prices and competition with food industries pose challenges to this feedstock t

The Oilseed Farming industry produces mainly canola, sunflower and flaxseed, and is small compared with other agriculture sector industries. This causes industry conditions to fluctuate significantly in line with changes in the US agriculture sector based on global and domestic supply conditions. Industry revenue also generally moves in line with changes in the price of oilseeds. Many US farmers can choose to grow other crops, such as corn or soybeans, in any given year depending on expected yields and price, causing drastic fluctuations in the planted acreage and oilseeds harvests. As a result, industry revenue has fluctuated in recent years, largely in line with the price of oilseeds. Overall, industry revenue has grown at an expected CAGR of 6.8% to reach $1.8 billion in 2024, when revenue is set to fall 4.9%. The price of oilseeds has grown at an estimated CAGR of 9.2% leading up to 2024. Growth in the price of oilseeds has been driven by supply chain disruptions stemming from the COVID-19 pandemic, and by Russia's invasion of Ukraine, which has disputed both fuel and oilseed (particularly sunflower) production from both countries. As fuel prices rise, demand for biofuel production increases, supporting growth in industry prices and demand. These same disruptions contributed to higher operating costs, diminishing average industry profit margins. Industry revenue is expected to continue growing only slightly as the price of oilseeds stabilizes and supply chain issues and conflict in Ukraine eventually subsides. Overall, industry revenue is anticipated to increase an a CAGR of 0.6% to $1.9 billion in 2029. This growth is in spite of the price of oilseeds being expected to fall slightly during the same period, as the dollar is expected to depreciate, causing US exports to become more competitive globally, and demand from food manufacturing is expected to continue to rise along with the overall population.