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

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.

Corn fell to 393.37 USd/BU on July 14, 2025, down 0.66% from the previous day. Over the past month, Corn's price has fallen 9.52%, and is down 2.69% 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.

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.

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.

Stay up-to-date with today's grain prices per bushel for corn, soybeans, wheat, oats, and rice, and learn about the various factors that influence these prices such as weather, supply and demand, government policies, and international trade. Discover how farmers, agribusinesses, and consumers are affected by these prices.

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.

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.

The average domestic wholesale price of yellow corn grain in the Philippines was approximately ***** Philippine pesos per kilogram in 2024, up by ** percent from the previous year. The wholesale price of yellow corn grain fluctuated since 2013.

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...