EU Corn Production Forecast Cut
European Commission lowered the 2026/27 corn production forecast by 1.3 million tonnes, tightening supply outlook. The reduction may increase demand for imports, potentially lifting corn prices.
Corn Price Trend Analysis 2026: Historical Prices, Price Drivers, Market Insights, Latest News & Supply Demand Analysis
Written ByShriya Singh
Corn Latest Development
Corn Prices Rise at Romanian and Bulgarian Ports
Corn prices at Black Sea ports in Romania and Bulgaria increased, while Ukrainian corn fell due to new‑crop supplies and limited export opportunities. Global corn futures eased, reflecting stronger harvest progress and lower export shipments.
Corn Latest Prices August 2026
| 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
Corn Price Trend Q3 2026
- Corn prices rose on the global market in Q3 2026. Hot, dry weather hurt major crops, along with export disruptions tightened the crop availability.
- Farmers faced higher input costs during the quarter. Higher fertilizer costs linked to the Middle East conflict made corn less profitable to grow and reduced planted area.
- Downstream demand remained mixed. Export demand stayed firm, but feed demand weakened in some markets as buyers switched to cheaper grains.
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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- Corn prices were mixed in Q2’26, with larger global supply capping upside while regional demand pockets kept China, India, France, and U.S. markets supported.
- Feedstock pressure was mostly bearish, as higher crop estimates, loose Chinese supply, and large U.S. stocks outweighed acreage cuts and nearby weather concerns.
- Downstream demand stayed selective, with feed, ethanol, and export demand supporting prices, though weak livestock margins and cautious European feed buying limited gains.
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.
About Corn
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.
Corn Product Detail
Industrial Uses
Animal feed and fodder, Chemicals, Dextrose Monohydrate, Bio-fuel, Ethanol production, Starches and Syrups, Corn oil, Corn starch and alcoholic beverages, Herbal supplements
Synonyms
Maize, Zea Mays
Supplier Database
DuPont de Nemours, Inc, The Archer Daniels Midland Company, KWS SAAT SE & Co. KGaA, Limagrain UK Ltd, Cargill Incorporated, Bunge Milling, Inc.
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 Production Process
- Production of Corn via Cultivation
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.
Frequently Asked Questions
Corn prices showed a firm trend in Q1 2026, increasing by around 4.1% from January to March in the Chinese region. The rise was supported by tighter domestic availability, low old-crop inventories, stronger feed demand, and reduced import pressure.
Corn prices in China increased by around ~5.9% quarter-on-quarter in Q1 2026. Previous quarter prices averaged at USD 311.09/MT, while this quarter average prices were USD 329.55/MT, indicating that the market strengthened as supply tightened and demand from feed and processing sectors improved.
Global corn supply is expected to remain relatively sufficient in 2026/27, supported by large harvests in major producing countries. USDA projected U.S. corn production at approximately 15.8 billion bushels with planted area near 94 million acres. Market direction will also depend on South American crop performance, global feed demand, ethanol consumption, and inventory levels across major exporting region.
Tighter domestic supply was a key factor supporting China’s corn prices in Q1 2026. Lower old-crop inventories and weaker import availability reduced spot supply, while feed demand improved. This pushed domestic corn prices higher and supported the overall upward movement during the quarter.
The United States, China, Brazil, Argentina, and Ukraine are among the most important participants in the global corn market. The United States and Brazil dominate export trade, China remains a major producer and consumer, while Argentina and Ukraine play critical roles in supplying international feed grain markets.
In Q1 2026, India protected maize under the India-U.S. interim trade framework by placing it in the exclusion category, with no tariff concessions offered. This limited the risk of cheaper U.S. corn entering India, supporting domestic maize sentiment and reducing pressure on local growers and feed-market suppliers.
Persistent rainfall in North China during the 2025 harvest caused mold and quality damage, and its impact carried into Q1 2026. The quality downgrade tightened usable domestic corn supplies, supported feed-grade corn prices, and increased demand for substitutes such as sorghum, barley, and wheat.
Corn typically requires 90–120 days from planting to maturity, depending on variety and growing conditions. The crop cycle includes planting, vegetative growth, pollination, grain filling, and harvest. Seasonal planting and harvesting patterns strongly influence market availability, inventory levels, and trade flows throughout the year.
Corn demand is mainly driven by animal feed, ethanol, starch, sweeteners, food processing, and industrial uses. Feed demand remains the largest use in many regions, while ethanol demand is especially important in the United States. Starch and sweetener demand support industrial and food-sector consumption.
Procurement Resource employs a structured methodology combining primary research, secondary market data, analytical models, and validation processes to assess corn prices and trends. Price evaluations incorporate supply-demand dynamics, acreage, harvests, trade flows, and value chain analysis, supported by continuous market monitoring to ensure accurate and reliable insights.
Our Price Analysis Methodology
About the Author
Shriya Singh
Business Insights Analyst
Helping procurement and sourcing teams navigate complex markets through data-driven research, category intelligence, and actionable insights - with a focus on identifying market trends, analyzing supply-side developments, and delivering clear intelligence that supports informed business decisions.
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