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Corn decreased 3.39 USd/BU or 0.74% since the beginning of 2025, 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 March of 2025.
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 3.97 U.S. dollars. In 2016, one bushel of corn cost about 3.36 U.S. dollars and was projected to decrease to 4.8 U.S. dollars in 2023. The United States was the largest producer of corn worldwide in 2022.
In 2022, the average price of one bushel of corn was around 7.43 U.S. dollars. That year, the United States was the largest producer of corn in the world.
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Graph and download economic data for Producer Price Index by Commodity: Farm Products: Corn (WPS012202) from Jan 1975 to Feb 2025 about corn, vegetables, agriculture, commodities, PPI, inflation, price index, indexes, price, and USA.
The price per unit of sweet corn for the processing market in the United States amounted to 126 U.S. dollars per ton in 2023. In 2020, price of sweet corn in the U.S. was about 73.8 U.S. dollars per ton.
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In 2024, after three years of decline, there was growth in the U.S. wet corn market, when its value increased by 4.1% to $7.6B. Overall, consumption continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2019 when the market value increased by 6.3%. Wet corn consumption peaked at $11.1B in 2013; however, from 2014 to 2024, consumption failed to regain momentum.
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Explore the dynamics influencing U.S. corn prices, from weather impacts and supply-demand shifts to geopolitical factors and trade policies. Learn how prices fluctuate between $3 to $8 per bushel due to global influences and find out where to access the latest market insights and forecasts.
Prices are a fundamental component of exchange and have long been important to the functioning of agricultural markets. Grain prices are closely related to grain transportation, where the supply and demand for grain simultaneously determines both the price of grain, as well as the demand for grain transportation.
This data has corn, soybean, and wheat prices 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.
The data come from three sources: USDA-AMS Market News price reports, GeoGrain, and U.S. Wheat Associates. Links are included below. GeoGrain offers granular data for purchase. The GeoGrain data here is an average of those granular prices for a given state (and the "Southeast" region, which combines Arkansas, Mississippi, and Alabama).
This is one of three companion datasets. The other two are grain basis (https://agtransport.usda.gov/d/v85y-3hep) 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).
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Explore the dynamic factors affecting corn prices in the U.S., including weather conditions, demand for ethanol and livestock feed, trade policies, and the impact of COVID-19 on market stability. Understand how these elements influence the complex and volatile corn market in 2023.
This statistic shows the price of edible corn oil in the United States from 2004/05 to 2023/24. As of 2017/2018, corn oil prices stood at around 30.35 cents per pound in the United States. By 2022/23, the prices of corn oil increased to 61.62 cents per pound.
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.
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Explore how October corn prices are influenced by U.S. harvest progress, weather conditions, global demand, trade policies, macroeconomic factors, and renewable fuel policies.
This statistic depicts the average annual prices for maize from 2014 through 2026*. In 2023, the average price for maize stood at 253 nominal U.S. dollars per metric ton.
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Graph and download economic data for Export Price Index (Harmonized System): Corn (Maize) (ID1005) from Dec 1992 to Feb 2025 about corn, harmonized, exports, price index, indexes, price, and USA.
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Graph and download economic data for Wholesale Price of Corn for Chicago, IL (M04005US16980M280NNBR) from Jan 1860 to Dec 1951 about corn, Chicago, wholesale, IL, price, and USA.
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The U.S. preserved sweet corn market expanded modestly to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Preserved sweet corn consumption peaked in 2022 and is likely to see gradual growth in the immediate term.
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Graph and download economic data for Producer Price Index by Commodity: Processed Foods and Feeds: Corn Mill Products (WPU021409082) from Dec 2009 to Feb 2025 about corn, mills, processed, food, production, commodities, PPI, inflation, price index, indexes, price, and USA.
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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.
This statistic depicts the average monthly prices for maize from January 2014 through January 2025. In January 2025, the average monthly price for maize stood at 184.97 nominal U.S. dollars per metric ton.
The monthly price of wheat (hard red winter) in the United States reached an all time high in May 2022, at over 520 U.S. dollars per metric ton. The unprecedented price increase began in mid-2020, due to the impact of the Covid-19 pandemic, and was later exacerbated by the Russo-Ukrainian War in March 2022. Before the war, Russia and Ukraine were among the world's five largest wheat exporters, and around one third of all international wheat imports came from these two countries.
The increase of 96 dollars per ton between February and March 2022 was the single largest price hike in U.S. history, and was only the second time that prices had exceeded 400 dollars - the first time this happened was due to the financial crisis of 2008. In the five years before the Covid-19 pandemic, the price of wheat generally fluctuated between 150 and 230 dollars per ton.
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Corn decreased 3.39 USd/BU or 0.74% since the beginning of 2025, 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 March of 2025.