Corn futures hovered around $4.1 per bushel, trading near their lowest level since early October 2025, as a tentative US-Iran peace agreement triggered a sharp decline in oil prices. Oil prices fell after US President Donald Trump and Iran’s deputy foreign minister said a deal had been reached to halt hostilities and resume traffic through the Strait of Hormuz. Agricultural goods often track crude oil prices due to their link to biofuel demand from grains and oilseeds. Favourable US crop weather and higher South American production forecasts added further pressure on prices. Last week, the USDA raised its forecasts for corn output in Argentina and Brazil, projecting 61 million metric tons and 138 million tons respectively. The USDA also lifted its estimate for global corn inventories at the end of 2026/27 to above trade expectations. Weak Chinese demand for US agricultural exports has further weighed on sentiment despite earlier expectations of large-scale purchases.

Corn fell to 413.32 USd/BU on June 16, 2026, down 0.53% from the previous day. Over the past month, Corn's price has fallen 13.35%, and is down 4.21% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Corn reached an all time high of 843.75 in August of 2012. Corn - data, forecasts, historical chart - was last updated on June 16 of 2026.

Corn fell to 413.32 USd/BU on June 16, 2026, down 0.53% from the previous day. Over the past month, Corn's price has fallen 13.35%, and is down 4.21% 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 is expected to trade at 411.46 USd/BU by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 386.00 in 12 months time.



Price Day Month Year Date
Soybeans 1,111.47 -7.78 -0.69% -8.37% 3.49% Jun/16
Wheat 583.24 -6.51 -1.10% -12.23% 6.24% Jun/16
Lumber 631.00 7.50 1.20% 6.41% 0.93% Jun/15
Cheese 1.60 -0.0010 -0.06% -2.85% -16.69% Jun/16
Palm Oil 4,451.00 -24.00 -0.54% -1.57% 8.75% Jun/15
Milk 15.99 -0.03 -0.19% -5.66% -14.58% Jun/15
Cocoa 3,972.00 104.00 2.69% 4.77% -60.67% Jun/15
Cotton 76.62 -0.186 -0.24% -8.45% 17.62% Jun/16
Rubber 225.50 1.10 0.49% 1.90% 38.85% Jun/15
Orange Juice 154.70 -8.60 -5.27% -3.49% -40.48% Jun/15
Coffee 259.20 5.80 2.29% -1.89% -24.87% Jun/15
Oat 298.27 1.2675 0.43% -20.04% -19.60% Jun/16
Wool 1,979.00 0 0% 5.49% 65.33% Jun/16
Rice 11.81 -0.2300 -1.91% -7.84% -12.71% Jun/16
Canola 758.29 -2.11 -0.28% 2.71% 2.53% Jun/16
Sugar 14.19 -0.04 -0.28% -3.67% -14.45% Jun/15
Corn 413.07 -2.4335 -0.59% -13.40% -4.27% Jun/16



Related Last Previous Unit Reference
United States Corn Stocks 9.02 13.28 Billion Bushels Mar 2026
United States Soybean Stocks 2.10 3.29 Billion Bushels Mar 2026
United States Wheat Stocks 1.30 1.68 Billion Bushels Mar 2026

Corn
Corn Futures are available for Trading in The Chicago Board of Trade (CBOT® ) which was established in 1848 and is a leading futures and futures-options exchange. More than 3,600 CBOT member/stockholders trade 50 different futures and options products at the CBOT by open auction and electronically. The biggest corn exporters are the United States, Argentina, Brazil, Ukraine, and France. In 2020 five of them generated more than 75% of overall sales.
Actual Previous Highest Lowest Dates Unit Frequency
413.32 415.50 843.75 -100.01 1912 - 2026 USd/BU Daily

News Stream
Corn Trades Near 8-Month Low
Corn futures hovered around $4.1 per bushel, trading near their lowest level since early October 2025, as a tentative US-Iran peace agreement triggered a sharp decline in oil prices. Oil prices fell after US President Donald Trump and Iran’s deputy foreign minister said a deal had been reached to halt hostilities and resume traffic through the Strait of Hormuz. Agricultural goods often track crude oil prices due to their link to biofuel demand from grains and oilseeds. Favourable US crop weather and higher South American production forecasts added further pressure on prices. Last week, the USDA raised its forecasts for corn output in Argentina and Brazil, projecting 61 million metric tons and 138 million tons respectively. The USDA also lifted its estimate for global corn inventories at the end of 2026/27 to above trade expectations. Weak Chinese demand for US agricultural exports has further weighed on sentiment despite earlier expectations of large-scale purchases.
2026-06-15
Corn Hits 34-week Low
Corn decreased to 410.25 USd/BU, the lowest since October 2025. Over the past 4 weeks, Corn lost 13.99%, and in the last 12 months, it decreased 5.63%.
2026-06-15
Corn Slides to 8-Month Low
Corn futures sank below $4.17 per bushel, hitting their lowest level since October 2025, as favourable weather conditions and a lack of renewed Chinese demand for US supplies weighed on prices. US exporters have been disappointed that no sizeable new corn purchases from China have been reported so far, despite political signals in mid-May that suggested larger Chinese agricultural imports. This shortfall in expected Chinese buying removes an important potential demand boost just as global export availability is set to rise. US corn planting is nearly complete, at about 93% as of late May, with weather conditions remaining supportive for early vegetative growth. Forecasts for above-normal rainfall across much of the US Midwest over the next two weeks are expected to support germination and crop development for recently planted corn. Meanwhile, higher crude oil prices amid rising tensions in the Middle East have offered some support, given corn’s role in biofuel production.
2026-06-08