Corn Prices

Corn prices averaged USD 431 cents per bushel in January, down 3.1% from December. On 30 January, the commodity traded at USD 428 cents per bushel, down 2.7% from 31 December.

In January, corn prices saw their first decline since August 2025. The USDA unexpectedly raised its global production forecasts for 2025/26, partly on record output in both China and the U.S. Still, demand remained robust, according to port inspections data, amid export diversification of U.S. shipments to non-traditional destinations, such as South Korea and Taiwan.