Corn futures fell below $4.5 per bushel, easing from a recent nine-week high reached on July 24 as favorable weather forecasts across the US Midwest eased concerns over production risks. Forecasts call for ample rainfall and milder temperatures near the end of the week, improving yield prospects after recent heat concerns. The favorable outlook reinforced expectations for another large US harvest, weighing on prices. Still, losses were limited by firm ethanol demand as elevated crude oil prices amid the Middle East conflict continued to support biofuel production. Ongoing Russia-Ukraine tensions also underpinned grain markets, with attacks on Black Sea ports and grain infrastructure threatening export flows. Meanwhile, the longer-term outlook remained supported by a tighter global corn balance, with the USDA projecting world corn consumption to exceed production for a second straight season, leaving the market more vulnerable to weather disruptions and export disruptions.
Corn fell to 444.29 USd/BU on July 31, 2026, down 0.33% from the previous day. Over the past month, Corn's price has risen 5.53%, and is up 14.07% 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 July 31 of 2026.
Corn fell to 444.29 USd/BU on July 31, 2026, down 0.33% from the previous day. Over the past month, Corn's price has risen 5.53%, and is up 14.07% 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 469.77 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 495.78 in 12 months time.