USDA raised its Nebraska corn yield forecast by 11 bushels per acre, prompting producer skepticism. The higher outlook added market volatility and pushed corn futures lower after the report. Tight input costs and uncertain yields keep price pressure downward.
The USDA increased its U.S. corn yield forecast by 2.7 bushels per acre to 181.2 bushels, signaling larger-than-expected supplies. The higher production outlook pressured grain markets lower, with analysts noting adequate carryover stocks. Farmers may be incentivized to store corn at harvest for better returns.
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Corn | China | FOB | USD 332.69/MT | August 2026 |
| Corn | India | FOB | USD 218.73/MT | August 2026 |
| Corn | USA | FOB | USD 178.33/MT | August 2026 |
| Corn | France | FOB | USD 238.87/MT | August 2026 |
| Corn | Brazil | FOB | USD 144.55/MT | August 2026 |
| Corn | China | FOB | USD 366.19/MT | July 2026 |
| Corn | India | FOB | USD 195.64/MT | July 2026 |
| Corn | USA | FOB | USD 170.65/MT | July 2026 |
| Corn | France | FOB | USD 248.54/MT | July 2026 |
| Corn | Brazil | FOB | USD 141.24/MT | July 2026 |
Stay updated with the latest Corn prices, historical data, and tailored regional analysis
Asia
In China, the average prices of Corn were about USD 366.19/MT (FOB) in July and ~USD 332.69/MT in August, showing a ~9.1% decrease. India moved the opposite way, with average prices climbing about 11.8% from ~USD 195.64/MT (FOB) in July to around USD 218/MT in August. In China, feed mills replaced corn with wheat, sorghum and barley, and state grain sales added supply. Processors shut plants for maintenance and bought less. As the new harvest approached, traders sold old stocks and feed mills bought only for immediate needs. China's coarse grain import forecast was raised to 25 million tonnes, mainly for Australian barley, which further reduced corn demand. In India, El Niño weakened the monsoon, leaving rainfall about 15% below normal by mid-September. This delayed Kharif planting and led to a lower crop forecast, contributing to the rise in prices.
Europe
In France, corn averaged approximately USD 248.54/MT (FOB) in July before easing to about USD 238.87/MT in August, a decline of ~3.9%. July prices jumped as feed makers and traders rushed to secure supply ahead of a very small French crop hurt by heatwaves and lower planting. In August, prices eased as buyers expected more imports from the US and Brazil, since French corn was far more expensive than US corn. Better crops in Spain, Portugal, Bulgaria and Romania also partly offset losses. Supply still stayed tight, as EU maize yield prospects were cut 8% after an exceptionally hot, dry summer.
North America
In the USA, average corn prices stood at nearly USD 170.65/MT (FOB) in July and rose to roughly USD 178.33/MT in August, a gain of ~4.5%. Drought and extreme heat cut crop prospects, with the largest losses in Nebraska, North Dakota and Kansas. Export demand strengthened as buyers turned to US corn while Ukrainian exports were constrained. By September, the stocks-to-use ratio fell to 9.7%, which kept prices supported.
Analyst Insight
According to Procurement Resource, corn prices are likely to stay firm in the US, Europe and India on tight supply. Prices in China may weaken further as new-crop harvest pressure builds.
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Asia
In China, Corn prices were ~RMB 2.52/kg in April and ~RMB 2.49/kg in the next month in Q2'26, witnessing a marginal decrease. The decline was driven by loose domestic supply, policy grain releases, new wheat arrivals, and weaker feed demand. Higher availability of substitute grains also reduced corn buying urgency. In contrast, during Q2'26, Corn prices rose in India from ~INR 17.76/kg in April to ~INR 18.76/kg in May, showing a ~5.7% increase. Indian prices were supported by stronger feed and ethanol demand, along with firm export sentiment.
Europe
In France, Corn prices were ~EUR 0.21/kg in April and ~EUR 0.22/kg in the following month, displaying a ~2.0% increase. European corn found support from its continued role in feed rations, as compound feed producers still preferred corn over some other grains. However, the upside remained limited because overall feed grain demand was not strong. EU feed grain use was expected to decline marginally to 159.4 MMT in MY 2026/27, reflecting softer cattle and swine feed needs. Poultry demand helped, but it was not enough to create a broad demand-led rally.
North America
In the United States, Corn prices were ~USD 169.69/MT in April and ~USD 171.56/MT in the subsequent month, showing a ~1.1% increase. Prices gained slightly as lower planted area and weather risk offered support, but large stocks capped the rise. June 1 corn stocks reached 5.29 billion bushels, up 14% year-on-year, showing comfortable availability. Export demand remained firm, with September-April exports up 24% year-on-year, while ethanol demand continued to absorb large volumes.
Corn or Maize is widely known as a cereal grain. It has become a staple food in several parts of the world. A small proportion of Corn is directly consumed by humans while most of the cultivated product is utilised in areas like ethanol production, animal feed and preparation of corn products, such as corn starch and corn syrup.
Animal feed and fodder, Chemicals, Dextrose Monohydrate, Bio-fuel, Ethanol production, Starches and Syrups, Corn oil, Corn starch and alcoholic beverages, Herbal supplements
Maize, Zea Mays
DuPont de Nemours, Inc, The Archer Daniels Midland Company, KWS SAAT SE & Co. KGaA, Limagrain UK Ltd, Cargill Incorporated, Bunge Milling, Inc.
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 grows best when soil temperature is between 60° and 95°F. Corn can take as much as 60 to 100 days to reach the harvesting stage depending upon variety as well as the amount of heat received during the growing season.
Our Price Analysis Methodology
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This report provides the cost structure of corn starch production from the wet milling process. Corn is soaked in water for at least two days in order to ferment a little.
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