Corn Prices

Corn prices averaged USD 431 cents per bushel in November, up 2.1% from October. On 28 November, the commodity traded at USD 436 cents per bushel, up 0.9% from 31 October.

In November, corn prices edged up from October on a flare-up in tensions in the Black Sea region affecting Ukrainian shipments, plus cold weather concerns across parts of the U.S. corn belt. Still, corn continued to trade below its year-to-date average, capped by an ample U.S. harvest—which began in September—and slowing purchasing activity from China.