Chicago corn futures traded above $5.7 a bushel in the third week of November, close to a 3-½-month high of $5.8 hit early in the month amid slow producer-selling, harvest delays coupled with suspended logistics due to rains in China; and a strong global demand for ethanol, a corn-based fuel. Elsewhere, earlier in the week the USDA estimated 2021/22 global corn production to go up by 5.1 million tons and upwardly revised its US corn outlook to 15.062 billion bushels, up 43 million from last month.

Historically, Corn reached an all time high of 843.75 in August of 2012. Corn - data, forecasts, historical chart - was last updated on November of 2021.

Corn is expected to trade at 819.76 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 905.69 in 12 months time.

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Corn


Price Day Month Year
Soybeans 1,263.75 -4.7500 -0.38% 1.47% 7.14%
Wheat 822.50 -0.7500 -0.09% 9.78% 38.64%
Lumber 802.00 45.00 5.94% 18.59% 27.28%
Cheese 1.75 -0.0010 -0.06% -2.13% -28.25%
Palm Oil 4,993.00 -5.00 -0.10% -1.54% 51.86%
Milk 17.97 0.06 0.34% 0.06% -22.34%
Cocoa 2,493.00 -59.00 -2.31% -0.48% -15.83%
Cotton 119.22 1.63 1.39% 7.67% 68.20%
Rubber 217.70 6.70 3.18% -0.14% -11.18%
Orange Juice 126.95 0.25 0.20% 4.31% -0.59%
Coffee 233.40 4.45 1.94% 13.55% 102.08%
Oat 764.50 8.0000 1.06% 14.62% 156.76%
Wool 1,324.00 0 0% -3.29% 14.24%
Rice 14.53 -0.0650 -0.45% 6.72% 16.53%
Canola 1,005.40 -8.70 -0.86% 5.91% 74.40%
Sugar 20.17 -0.01 -0.05% 6.33% 32.61%
Tea 3.14 0 0% 1.62% 15.87%
Corn 570.25 -2.2500 -0.39% 5.75% 34.73%


Corn
Corn Futures are available for Trading in The Chicago Board of Trade (CBOT® ) which was established in 1848 and is a leading futures and futures-options exchange. More than 3,600 CBOT member/stockholders trade 50 different futures and options products at the CBOT by open auction and electronically.