Corn Futures Hit Multi-Year High
December corn futures rose to a 2.5-year high for the contract, posting strong weekly gains. A weaker U.S. dollar and large daily export sales provided additional upward momentum alongside the crop tour results.
Corn Oil Price Trend Analysis 2026: Historical Prices, Price Drivers, Market Insights, Latest News & Supply Demand Analysis
Written BySiddharth David
Corn Oil Latest Development
Corn Prices Face Upward Pressure
U.S. corn yields are flagged as concerning following a wet spring and reduced fertilizer application, with analysts noting this could push prices higher. Broader grain supply disruptions from Black Sea port attacks, low Danube water levels, and elevated fertilizer costs driven by Middle East conflict compound the supply-side pressure on corn markets heading into winter.
Corn Oil Price Trend June 2026
| Product | Region | Incoterm Basis | Price | Time Period |
|---|---|---|---|---|
| Corn Oil | USA | FOB | USD 1,832.12/MT | June 2026 |
| Corn Oil | India | CIF | USD 1,902.68/MT | June 2026 |
| Corn Oil | China | CIF | USD 1,912.68/MT | June 2026 |
| Corn Oil | Australia | CIF | USD 1,882.79/MT | June 2026 |
| Corn Oil | Germany | CIF | USD 1,887.84/MT | June 2026 |
Stay updated with the latest Corn Oil prices, historical data, and tailored regional analysis
Corn Oil Price Trend Q2 2026
- Global corn oil prices showed mixed movement during Q2 2026, with firm US conditions, a Chinese recovery, and stable-to-soft Indian trade.
- Changing corn costs and restricted corn-germ availability affected production expenses, while competing edible oils limited price increases in major importing markets.
- Food-sector demand remained moderate, but record biodiesel consumption and stronger renewable-fuel requirements supported US industrial procurement.
In India, Corn Oil traded at approx. ~USD 1,903/MT (CIF) in June’26, while in China, Corn Oil averaged roughly ~USD 1,913/MT (CIF). The corn oil price curve witnessed a fluctuating trajectory throughout the second quarter of 2026 in the Chinese region. Ample grain and edible-oil supplies caused the early weakness. However, sufficient soybean, rapeseed, and other cooking-oil supplies prevented a sharper increase. Similarly, Indian prices remained stable to soft. High oilseed costs prevented a steep decline, but a 38.0% rise in soyoil imports increased the availability of lower-priced alternatives. Food processors consequently had less need to accept higher corn oil offers. In the USA, monthly average Corn Oil prices were around ~USD 1,832/MT (FOB) in June. Prices increased strongly before rising at a slower pace and remaining firm. Higher corn replacement costs, record biodiesel consumption, and stronger renewable-fuel requirements increased competition for available supply. Higher fuel costs also improved biofuel production economics.
Analyst Insight
According to Procurement Resource, in the near term, corn oil prices may remain mixed, with biofuel demand supporting the US market and competing edible-oil supplies restricting gains in Asia.
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- Global corn oil prices moved upward in Q1’26, supported by a strong rally in grain markets and rising energy prices, which lifted overall commodity sentiment and pricing momentum.
- Feedstock corn prices increased due to higher crude oil values, speculative inflows, and weather-related uncertainties, tightening supply expectations and raising production costs for corn oil.
- Downstream demand remained firm from the food processing and biofuel sectors, while strong export activity in corn supported sustained buying interest across markets.
During the Q1'26 period, corn oil prices saw an upward trend on global markets, mainly driven by the growth in the cost of the raw material corn and consistent demand in downstream markets. The price of corn strengthened because of the rise in crude oil prices as a result of disruptions in the major marine routes due to the conflict between Iran and the US. Additionally, weather risks and uncertainties about global crops helped push corn prices upwards, which resulted in increased production expenses of corn oil. In addition, the positive demand environment came through the robust US corn export performance, as corn exports in the 2025/26 marketing season reached 66.5 million metric tonnes, which is much better than last year, reflecting robust global demand. At the same time, downstream demand for corn oil from the food processing and biofuel industries remained stable, supporting price increases despite ample global inventories.
About Corn Oil
Corn oil, extracted from the germ of corn kernels, is a vegetable oil known for its light golden color and mild flavor. It is predominantly composed of unsaturated fats, primarily linoleic acid (omega-6) and oleic acid (omega-9), which contribute to its heart-healthy profile. With a high smoke point, corn oil is suitable for frying and cooking at high temperatures without undergoing significant oxidation. Its stability and neutral taste make it a versatile ingredient in culinary applications, including salad dressings, marinades, and baked goods. Beyond cooking, corn oil is also used in industrial applications such as biodiesel production, cosmetics for its emollient properties, and pharmaceuticals as a carrier oil for medications.
Corn Oil Product Detail
CAS Number
8001-30-7
Industrial Uses
Pharmaceuticals, Food Industry, Cosmetic Industry, Agriculture
Supplier Database
Cargill Inc, Greenfield Specialty Alcohols, Roquette Freres, Grain Processing Corporation, Associated British Foods
Regional Coverage
Asia Pacific
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe
Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America
United States and Canada
Latin America
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa
South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Corn Oil Production Process
Production Process of Corn Oil by Corn-Germ Pressing Method: The process of obtaining corn oil is initiated by the extraction of corn seeds by the oil pressing method. The corn seeds are then separated on the basis of their water content and are then sorted on the same grounds. They are then processed via corn-germ pressing, which involves passing screw oil pressing machines and pressing them at a pressure above 69 MPa. The oil is then extracted and further processed to give the desired corn oil.
Our Price Analysis Methodology
About the Author
Siddharth David
Manager - Market Research
Delivering market research and procurement intelligence at Procurement Resource with a focus on economic forecasting, commodity analysis, and client advisory to help sourcing teams make data-backed purchasing decisions.
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