Grains · CORN

Corn price

US$4.67 / bushel
≈ €3.97 ≈ £3.48 Unchanged 24h 81% within the 52-week range
FX Editorial Team · Data updated: · Editorially verified
Corn (CORN) price today US$4.67 / bushel, ↑ +0.00% (24h)

Corn chart

Interactive chart and 30-day overview

7 days
▲ +1.88%
+US$0.0860
30 days
▲ +0.65%
+US$0.0300
1 year
▲ +3.90%
+US$0.1750
52-week range
US$3.87 81% US$4.85
Corn (CORN) 30-day price chart — USD, EUR, GBP

The Corn chart shows how the corn price has moved over time. The interactive view lets you switch the timeframe (from 7 days up to MAX), the currency (USD / EUR / GBP) and overlay moving averages. Click any two points to measure the percentage change between those dates.

What drives the price of corn?

The largest source of short-term volatility in corn prices is weather in the US Corn Belt. Iowa, Illinois, Nebraska, Indiana and Minnesota account for most US output, while the United States produces about 30% of global corn supply, or roughly 380 million tonnes. The most critical period for the market is pollination in July, when the crop’s water demand is highest. A heatwave or drought at that point can move Chicago prices by 10–20% within days. Traders follow NOAA forecasts, weekly USDA Crop Progress reports and the Pro Farmer Crop Tour.

A distinctive feature of corn demand is the US bioethanol mandate. Under the Renewable Fuel Standard (RFS), about 15 billion gallons of corn ethanol must be blended into the US fuel pool each year, absorbing roughly 30–40% of the US corn crop. This structural demand links the corn market to oil prices and US environmental regulation, including EPA waivers and small-refinery exemptions. When oil prices rise or petrol becomes more expensive, ethanol margins can improve, adding support to corn demand.

International trade is shaped by Chinese import demand and competition from South America. China is the world’s largest corn consumer, with annual domestic use of about 290 million tonnes, supplied partly by local production and partly by imports. Brazil, at about 130 Mt, and Argentina, at about 50 Mt, bring southern-hemisphere crops to market from spring through late summer, often offsetting US supply. La Niña and El Niño cycles directly affect the outlook for Brazil’s safrinha, or second-crop, corn. Ukraine, at about 25 Mt, and the EU, at about 70 Mt, are also significant players. The FAO Cereal Supply and Demand Brief and the USDA Foreign Agricultural Service report Grain: World Markets and Trade publish monthly global balances.

How to invest in corn

Investors can gain exposure to corn without holding the physical crop through several instruments: exchange-traded funds such as the Teucrium Corn Fund, ticker CORN; CFDs on Chicago corn; futures contracts such as CBOT ZC; and shares in large processors, traders and equipment makers, including Archer Daniels Midland — ADM, Bunge and Deere & Co. The CORN ETF and corn CFDs offer the more direct agricultural exposure. Agribusiness shares are more indirect and carry company-specific business risk. Two regulated brokers where corn CFDs and agribusiness shares are available, while access to the CORN ETF may depend on client type and jurisdiction, are:

30-day price history

Chart and daily closing prices

Corn (CORN) 30-day price chart — USD, EUR, GBP

Daily close

30 trading days

Date Price (USD) Price (EUR) Price (GBP) Daily change
23 May 2026 US$4.67 €3.97 £3.48 ▼ −0.32%
22 May 2026 US$4.68 €3.98 £3.49 ▼ −0.47%
21 May 2026 US$4.70 €4.00 £3.51 ▲ +0.75%
20 May 2026 US$4.67 €3.97 £3.48 ▼ −2.24%
19 May 2026 US$4.78 €4.06 £3.56 ▼ −0.21%
18 May 2026 US$4.79 €4.07 £3.57 ▲ +4.48%
16 May 2026 US$4.58 €3.90 £3.41 ▼ −0.22%
15 May 2026 US$4.59 €3.90 £3.42 ▼ −2.46%
14 May 2026 US$4.71 €4.00 £3.51 ▼ −2.67%
13 May 2026 US$4.84 €4.11 £3.60 ▲ +0.38%
12 May 2026 US$4.82 €4.10 £3.59 ▲ +1.06%
11 May 2026 US$4.77 €4.05 £3.55 ▲ +0.82%
10 May 2026 US$4.73 €4.02 £3.52 ▲ +0.42%
6 May 2026 US$4.71 €4.00 £3.51 ▼ −1.88%
5 May 2026 US$4.80 €4.08 £3.58 ▼ −1.05%
4 May 2026 US$4.85 €4.12 £3.61 ▲ +0.94%
2 May 2026 US$4.80 €4.09 £3.58 ▲ +0.04%
1 May 2026 US$4.80 €4.08 £3.58 ▲ +1.29%
30 Apr 2026 US$4.74 €4.03 £3.53 ▼ −0.44%
29 Apr 2026 US$4.76 €4.05 £3.55 ▲ +1.19%
28 Apr 2026 US$4.71 €4.00 £3.51 ▲ +0.28%
27 Apr 2026 US$4.69 €3.99 £3.50 ▲ +1.14%
25 Apr 2026 US$4.64 €3.95 £3.46 ▲ +0.06%
22 Apr 2026 US$4.64 €3.94 £3.46 ▲ +0.80%
21 Apr 2026 US$4.60 €3.91 £3.43 ▲ +0.81%
20 Apr 2026 US$4.56 €3.88 £3.40 —

Corn: frequently asked questions

Why is corn priced in bushels? +
The bushel is the traditional unit of Anglo-American grain trading. It was originally a volume measure, but for corn it is fixed by weight: 1 bushel = 56 US pounds = 25.4012 kg. The Chicago Board of Trade, now part of CME Group, quotes ZC corn futures in bushels, and that contract is the global reference price. In many European cash markets, corn is quoted in euros or local currency per tonne. The international bushel price can be converted to a tonne basis using the 39.37 multiplier.
How much is 1 bushel of corn in kilograms and tonnes? +
1 bushel of corn = 56 US pounds = 25.4012 kg. That means 1 tonne = 39.37 bushels, and 1 kg = 0.0394 bushels. The conversion differs for other grains: 1 bushel of wheat is 27.2155 kg, 1 bushel of soybeans is also 27.2155 kg, while 1 bushel of oats is only 14.52 kg. The bushel-to-tonne conversion therefore depends on the crop. The 39.37 multiplier for corn cannot be applied to other grains.
What is corn used for? +
About 60% of global corn use goes into animal feed for cattle, pigs and poultry. A distinctive feature of the US crop is that 30–40% goes to the bioethanol industry because of the Renewable Fuel Standard (RFS), under which about 15 billion gallons of corn ethanol must be blended into US fuel each year. The rest is used for human food, including corn flour, corn flakes and high-fructose corn syrup, as well as starch production and industrial uses such as bioplastics and fermentation.
Why do USDA WASDE reports matter for the corn market? +
The USDA’s monthly WASDE, or World Agricultural Supply and Demand Estimates, is one of the most influential data releases for global grain markets. It updates production estimates, demand forecasts, export and import flows, and ending stocks for corn, wheat, soybeans and rice. On WASDE release days, usually in the second week of the month, Chicago corn prices can move quickly if the figures differ from the average estimates in Reuters or Bloomberg surveys. During the growing season, the market also closely tracks the USDA’s weekly Crop Progress reports.
Who is the world’s largest corn producer and consumer? +
The United States is the largest producer, at about 380 million tonnes, or roughly 30% of global output. It is followed by China at about 280 Mt, almost entirely for domestic use, Brazil at about 130 Mt, the European Union at about 70 Mt, Argentina at about 50 Mt and Ukraine at about 25 Mt. Global annual production is about 1.2 billion tonnes. China is the largest consumer, at about 290 Mt, mainly for feed and starch production. In export markets, the United States, Brazil, Argentina and Ukraine are the main players.
What is the Corn Belt and why does the market watch it so closely? +
The Corn Belt is the US Midwest region covering states such as Iowa, Illinois, Nebraska, Indiana, Minnesota and Ohio. It produces the bulk of the US corn crop. The most critical period for the market is pollination in July, when the plant’s water demand is highest. A heatwave or drought at that point can move Chicago prices by 10–20% within days. NOAA forecasts, weekly USDA Crop Progress reports and the Pro Farmer Crop Tour field survey in August are among the market’s main reference points for crop estimates.
CORN ETF, corn CFD or agribusiness shares — how do they differ? +
Each has a different risk and return profile. The Teucrium Corn Fund (CORN) holds Chicago corn futures contracts directly, so it tracks the movement of futures prices, but it charges a management fee and is affected by roll yield as contracts expire and are replaced. A corn CFD is leveraged and typically used for short-term speculation, but financing costs and the risk of leveraged losses are significant. Agribusiness shares such as ADM, Bunge and Deere & Co. provide indirect exposure. They may react to the corn market, but they also carry company-specific business risks. Deere, for example, is exposed to the agricultural machinery cycle.
How do exchange rates affect corn prices for European farmers? +
Chicago corn futures are quoted in US dollars, while Euronext MATIF contracts are quoted in euros. Local farm-gate prices in Europe or the UK are usually reported in euros, pounds or local currency per tonne. The gap between international benchmark prices and local producer prices reflects transport and logistics costs, quality and moisture specifications, and exchange rates such as EUR/USD or GBP/USD. A weaker local currency can lift the local-currency value of the same dollar-denominated Chicago price, although regional supply, freight and basis levels can offset part of that move.

More grains

Wheat
US$653.00
bushel
Soybean
US$11.97
bushel
Rice
US$12.98
Cwt
Oats
US$371.33
bushel
Data sources: USDA WASDE — World Agricultural Supply and Demand Estimates · USDA Foreign Agricultural Service — Grain: World Markets and Trade · FAO — Cereal Supply and Demand Brief · CME Group — CBOT Corn Futures (ZC)