Corn Price OutlookThe price of corn fell in recent weeks, partly on uncertainty in China following the outbreak of the coronavirus. Corn traded on 14 February at USD 378 cents per bushel, which was 2.9% lower than on the same day a month earlier. While the price was down 2.6% on a year-to-date basis, it was 0.8% higher than on the same day last year. The Chinese government announced on 11 February that corn sales are proving sluggish, weighing on the price of corn. This came after the government announced it was releasing some of its corn reserves to help ease a shortage in the south of the country caused by measures to contain the virus. However, supporting prices, the U.S. Department of Agriculture projected on 11 February that the global stockpile of corn will end the current growing season slightly lower than previously forecast.
Corn Price History Data (USD cents per bushel, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Corn Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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