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Corn (maize) Price Trend and Forecast

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Historical Data Since 2015
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Forecast for 2026
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corn (maize) Price Trends by Country

brBrazil
usUnited States
arArgentina
itItaly
uaUkraine
inIndia

Global corn (maize) Spot Market Prices, Trend Analysis and Forecast

Price-Watch’s most active coverage of Corn (Maize) price assessment:

  • Maize FOB Santos, Brazil
  • Maize FOB North West Iowa, USA
  • Maize FOB Rosario, Argentina
  • Maize FOB Port of Ravenna, Italy
  • Maize FOB Port of Odesa, Ukraine
  • Maize Ex-Chhindwara, India

Corn (Maize) Price Trend Q3 2025

In Q3 2025, the global Corn (Maize) market exhibited stability with regional variations. Price trend for Corn (Maize) fluctuated 5-10% which was moved by strong harvests in the USA, Brazil and Ukraine, limited local supplies in Italy and stable production in India, alongside fluctuating demand from feed, ethanol, and industrial sectors. Export competition from South America and logistical factors in key ports influenced regional price movements. Despite some volatility, consistent consumption and targeted procurement strategies in domestic and international markets supported market balance. Seasonal harvests, growing export commitments and regional demand patterns are expected to guide global Corn price trends in the upcoming quarter.

Brazil

Corn (Maize) Export prices FOB Santos, Brazil.

In Q3 2025, Corn (Maize) prices in Brazil showed a decline amid ample domestic supply and moderated export demand. Corn (Maize) price trend in Brazil during the quarter were influenced by strong harvest yields, favourable weather conditions across main producing regions, and softer global feed demand. Despite some cost pressures from logistics and currency fluctuations, the market experienced downward adjustment with abundant availability supporting the price range of USD 188-205 per metric ton.

Ongoing shifts in export dynamics and regional trade flows are expected to influence market stability into the next quarter. In September 2025, Corn (Maize) prices in Brazil were decreased by 11.96% due to ongoing supply chain adjustments and regional trade dynamics are expected to maintain stable pricing into the next quarter.

USA

Corn (Maize) Export prices FOB Northwest Iowa, USA.

In Q3 2025, Corn (Maize) prices in the USA declined amid abundant domestic supply and softening demand. Corn (Maize) Price trend in USA though the quarter was swayed by record-breaking harvests across the Midwest, leading to elevated stock levels in key storage hubs. Domestic demand from the livestock feed and ethanol sectors remained subdued due to slower production and reduced processing margins. Strong competition from other regional markets further limited export opportunities for U.S. producers. Despite smooth transportation prices managed around USD 155-176 per metric ton. In September 2025, Corn (Maize) prices in USA dipped by 9.28% as market trends are likely to be shaped by planting plans for the next season, domestic consumption patterns and evolving export commitments.

Argentina

Corn (Maize) prices FOB Rosario, Argentina.

In Q3 2025, Corn (Maize) prices in Argentina declined moderately through steady domestic production and tempered export demand. Corn (Maize) Price trend in Argentina during the quarter were influenced by favourable weather conditions supporting healthy yields, combined with strong local stock levels that eased supply pressures. Export shipments slowed slightly due to competitive pricing from neighbouring countries, while domestic demand from livestock feed and industrial users remained stable. Despite some logistical challenges in port operations, the market recorded a price range of USD 167-180 per metric ton. In September 2025, Corn (Maize) prices in Argentina decreased by 4.92% as seasonal harvest progress and export commitments are expected to guide market trends in the next quarter.

Italy

Corn (Maize) prices FOB Port of Ravenna, Italy.

In Q3 2025, Corn (Maize) prices in Italy increased amid tighter domestic supply and rising demand. Corn (Maize) Price trend in Italy during the quarter were influenced by limited local harvests and strong buying from the livestock feed and milling sectors. Higher input costs, including transportation and storage, contributed to the upward price movement. Additionally, increased imports from other European countries faced competition and logistical constraints, supporting stronger domestic pricing. Consequently, prices ranged between USD 285-309 per metric ton. In September 2025, Corn (Maize) prices in Italy increased by 8.35% as market trends are likely to be shaped by upcoming harvest yields, import flows and continued demand from feed and industrial users.

Ukraine

Corn (Maize) prices FOB Port of Odesa, Ukraine.

In Q3 2025, Corn (Maize) prices in Ukraine edged higher amid balanced domestic supply and strengthening export demand. Corn (Maize) Price trend in Ukraine during the quarter were shaped by steady harvests across key agricultural regions, improving port and transport operations, and increasing interest from traditional overseas buyers. Supportive domestic demand from the feed and processing sectors also contributed to the upward movement. As a result, prices ranged between USD 215-258 per metric ton. In September 2025, Corn (Maize) prices in Ukraine went up by 3.53% as crop conditions, export shipments and regional market dynamics are expected to influence price trends in the coming months.

India

Corn (Maize) prices Ex-Chhindwara, India.

In Q3 2025, Corn (Maize) prices in India remained relatively stable amid steady domestic production and moderate demand. Corn (Maize) Price trend in India during the quarter were influenced by steady harvests in major growing states, adequate stock levels, and stable buying from the livestock feed and poultry sectors. Limited fluctuations in transportation and storage costs also contributed to market stability. Consequently, prices ranged between INR 21,000-22,400 per metric ton.

Moving forward, market trends are likely to be swayed by upcoming sowing progress, domestic consumption patterns and regional trade flows. In September 2025, Corn (Maize) prices in India increased by 0.38% as market participants are expected to closely monitor monsoon patterns and government procurement policies, which may influence price movements in the upcoming quarter.

Corn (Maize) Price Trend Analysis: Q2 2025

In Q2 2025, the global Corn (Maize) market displayed mixed regional trends, reflecting differences in supply conditions and demand dynamics. Prices declined modestly in Brazil and Argentina amid improved harvests, higher domestic availability, and competitive South American export pricing, while the USA saw a slight increase supported by steady export activity and balanced domestic consumption.

In contrast, Italy and Ukraine experienced notable price gains due to persistent supply constraints, rising input costs, and firm export demand. India’s prices fell as increased Rabi harvest arrivals eased domestic tightness. Overall, Corn (Maize) prices fluctuated between 7-8% across major markets with planting progress, global trade flows, and regional weather conditions expected to guide price trends in the upcoming quarter.

Brazil

Corn (Maize) Export prices FOB Santos, Brazil

In Q2 2025, Corn (Maize) prices in Brazil declined modestly as domestic supply improved and export momentum eased. Corn (Maize) Price trend in Brazil were influenced by better-than-expected yields in major producing regions, reduced overseas demand, and stable transportation conditions. Competitive pricing from U.S. and Argentine corn also contributed to downward pressure. As a result, prices supported the price range of USD 204-241 per metric ton. In June 2025, Corn (Maize) prices in Brazil were decreased by 4.31% as market participants anticipated monitoring new crop planting intentions and global demand recovery for price direction in the following quarter.

USA

Corn (Maize) Export prices FOB North West Iowa, USA

In Q2 2025, Corn (Maize) prices in the USA rose modestly amid continued export activity and balanced domestic consumption. Corn (Maize) Price trend in USA were supported by steady demand from feed and ethanol sectors and the maintenance of high-quality stocks following the previous season’s harvest. Favourable weather in key growing regions also sustained market optimism for the upcoming planting cycle. Prices averaged around price range of USD 165-200 per metric ton. In June 2025, Corn (Maize) prices in USA were increased by 2.05% as market participants continued to monitor planting progress and global trade flows for near-term price guidance.

Argentina

Corn (Maize) prices FOB Rosario, Argentina.

In Q2 2025, Corn (Maize) prices in Argentina declined as improved harvest conditions and higher domestic availability eased supply tightness. Corn (Maize) Price trend in Argentina during the quarter were shaped by favourable weather across key growing regions, increased farmer selling, and reduced export volumes due to competition from Brazilian shipments. Stable logistics and moderate currency fluctuations further contributed to the price correction. Consequently, prices fell to the price range of USD 165-180 per metric ton. In June 2025, Corn (Maize) prices in Argentina were decreased by 7.05% further, looking ahead the market outlook may depend on export pace, currency stability, and crop progress in the following quarters.

Italy

Corn (Maize) prices FOB Port of Ravenna, Italy.

In Q2 2025, Corn (Maize) prices in Italy continued to advance amid persistent supply constraints and rising input costs. Corn (Maize) Price trend in Italy during the quarter saw steady domestic demand alongside reduced availability from key European suppliers, particularly Hungary and Romania, where adverse weather affected yields. Higher freight and logistics costs further elevated import prices. As a result, prices climbed to the price range of USD 280-310 per metric ton. In June 2025, Corn (Maize) prices in Italy were increased by 6.83% due to improved summer weather and new crop arrivals were anticipated to ease price pressures in the following quarter.

Ukraine

Corn (Maize) prices FOB Port of Odesa, Ukraine.

In Q2 2025, Corn (Maize) prices in Ukraine continued to climb amid healthy global demand and steady export flows. Corn (Maize) Price trend in Ukraine during the quarter saw firm buying from traditional importers, particularly in the EU and North Africa, alongside stable domestic consumption. Weather conditions during the early growing season remained favourable, but supply tightness from previous quarters provided price support. The Prices range managed around USD 280-305 per metric ton. In June 2025, Corn (Maize) prices in Ukraine were increased by 7.56% as market trends were expected to depend on new crop progress, export logistics, and evolving trade policies.

India

Corn (Maize) prices Ex-Chhindwara, India.

In Q2 2025, Corn (Maize) prices in India declined as increased arrivals from the Rabi harvest boosted domestic supply. Corn (Maize) Price trend in India during the quarter were influenced by improved weather conditions, higher yields in states like Madya Pradesh, Karnataka and Maharashtra, and reduced procurement from feed and starch industries. Weak export demand and stable logistics further contributed to the price correction. As a result, price range managed around INR 21700-22400 per metric ton. In June 2025, Corn (Maize) prices in India were decreased by 4.24% as market trends were expected to depend on monsoon progress and new crop planting intentions.

In Q1 2025, the global Corn (Maize) market experienced a pronounced bullish phase, with sharp price increases across major producing and consuming regions. Brazil, the USA, Argentina, Italy, and Ukraine saw strong gains driven by tight domestic supplies, robust export demand, logistical constraints, and supportive currency movements. Firm consumption from feed, poultry, and ethanol sectors further reinforced upward momentum.

India recorded a moderate price rise amid steady domestic demand and controlled arrivals from the Rabi harvest. Overall, Corn (Maize) prices fluctuated between 1-14% reflecting supply tightness and active trade flows. Market focus remained on safrinha crop progress in Brazil, spring planting conditions in the USA and Ukraine, and export commitments, which are expected to shape price trends in the upcoming quarter.

Brazil

Corn (Maize) Export prices FOB Santos, Brazil.

In Q1 2025, Corn (Maize) prices in Brazil rose sharply amid strong export shipments and constrained domestic availability. Corn (Maize) Price trend in Brazil during the quarter were driven by active procurement from international buyers, limited carryover stocks, and logistical bottlenecks in key port areas. Rising input costs and favourable currency conditions for exports further reinforced price growth. Consequently, prices supported the price range of USD 197-265 per metric ton. In March 2025, Corn (Maize) prices in Brazil were increased by 13.58% as traders remained focused on the progress of the safrinha harvest and global corn market dynamics.

USA

Corn (Maize) Export prices FOB North West Iowa, USA.

In Q1 2025, Corn (Maize) prices in the USA surged sharply amid tightening stocks and firm export demand. Corn (Maize) Price trend in USA were influenced by active shipments to Mexico and Southeast Asia, reduced farmer selling, and favourable currency movements that enhanced export competitiveness. Domestic demand from livestock feed and ethanol sectors also strengthened, supporting market momentum. Consequently, prices increased to the price range of USD 160-200 per bushel. In March 2025, Corn (Maize) prices in USA were increased by 9.35% as market expectations centred on spring planting intentions and weather conditions for the upcoming crop season.

Argentina

Corn (Maize) prices FOB Rosario, Argentina.

In Q1 2025, Corn (Maize) prices in Argentina rose sharply amid strong export demand and tightening inventories. Corn (Maize) Price trend in Argentina during the quarter saw active shipments to major destinations, including Algeria and South Korea, along with moderate logistical challenges that constrained supply flow. Currency depreciation further boosted export competitiveness, adding bullish momentum. As a result, prices surged to the price range of USD 170-210 per metric ton. In March 2025, Corn (Maize) prices in Argentina were increased by 9.32% as market sentiment remained positive, supported by expectations of firm overseas demand and weather-related uncertainties ahead of the new planting cycle.

Italy

Corn (Maize) prices FOB Port of Ravenna, Italy.

In Q1 2025, Corn (Maize) prices in Italy rose sharply amid tightening domestic supply and firm procurement from the feed and milling industries. Corn (Maize) Price trend in Italy during the quarter were supported by low stock levels from the previous season, limited import arrivals due to port congestion, and elevated energy and transport costs. Strong consumption from poultry and dairy producers further reinforced price gains. Consequently, prices managed to the price range of USD 250-285 per metric ton. In March 2025, Corn (Maize) prices in Italy were increased by 8.13% as expectations of delayed spring planting added further strength to the market outlook.

Ukraine

Corn (Maize) prices FOB Port of Odesa, Ukraine.

In Q1 2025, Corn (Maize) prices in Ukraine maintained their upward momentum, supported by firm export activity and tightening stocks. Corn (Maize) Price trend in Ukraine showed strong demand from global buyers and logistical recovery at key ports boosted shipment volumes. Meanwhile, lower on-farm inventories and sustained feed demand helped maintain bullish sentiment. The Price range managed around USD 260-290 per metric ton. In March 2025, Corn (Maize) prices in Ukraine were increased by 9.23% as market outlooks focused on export pace and early spring planting progress as key drivers for upcoming price trends.

India

Corn (Maize) prices Ex-Chhindwara, India

In Q1 2025, Corn (Maize) prices in India posted a moderate increase amid firm domestic demand and controlled arrivals. Corn (Maize) Price trend in India during the quarter saw steady procurement from feed and ethanol manufacturers, while delayed Rabi harvesting in certain northern regions slightly tightened supplies. Mild inflationary pressure on transport and fuel costs also supported higher market prices. Consequently, the price range managed around INR 22,000- 23400 per metric ton. In March 2025, Corn (Maize) prices in India were increased by 1.37% as market expectations centered on improved arrivals in the upcoming quarter to ease price firmness.

Corn (Maize) Price Trend Analysis: Q4 2024

In Q4 2024, the global Corn (Maize) market displayed divergent regional trends, shaped by supply dynamics, export activity, and domestic demand patterns. Prices surged sharply in Brazil, Ukraine, and Argentina due to tighter supplies, strong export demand, and elevated input costs, while the USA saw a modest recovery supported by feed and ethanol procurement and stabilized logistics.

In contrast, Italy experienced notable price declines amid improved availability and slowing feed demand, whereas India remained largely stable with balanced domestic supply and moderate offtake. Overall, Corn (Maize) prices fluctuated between 5-12% across key markets with crop progress, export flows and weather conditions expected to guide market direction into early 2025.

Brazil

Corn (Maize) Export prices FOB Santos, Brazil.

In Q4 2024, Corn (Maize) prices in Brazil surged amid tighter supply and strong export demand. Corn (Maize) Price trend in Brazil were influenced by slower-than-expected arrivals from the second crop (safrinha) and increasing overseas purchases from Mexico and Southeast Asia. Elevated input costs, including fertilizers and transport, also supported higher domestic pricing. As a result, prices supported the price range of USD 196-215 per metric ton. In December 2024, Corn (Maize) prices in Brazil were increased by 14% as market sentiment remained bullish, with expectations of continued demand supporting prices into the new year.zil

USA

Corn (Maize) Export prices FOB North West Iowa, USA.

In Q4 2024, Corn (Maize) prices in the USA showed a modest recovery amid improving demand and logistical adjustments. Corn (Maize) Price trend in USA were supported by increased procurement by feed and ethanol producers and the gradual stabilization of export shipments. Cooler winter weather helped maintain quality in storage, while export demand from Mexico and Asia provided additional support. As a result, prices rose supported around the range of USD 150-170 per Metric Ton. In December 2024, Corn (Maize) prices in USA were increased by 1.96% as traders remained attentive to inventory levels and global commodity market developments heading into the new year.

Argentina

Corn (Maize) prices FOB Rosario, Argentina.

In Q4 2024, Corn (Maize) prices in Argentina rebounded as export demand strengthened and stock drawdowns began. Corn (Maize) Price trend in Argentina during the quarter was supported by renewed international interest, particularly from Asian and Middle Eastern buyers, and a gradual tightening of domestic supply. Weaker rainfall in certain producing regions also raised mild concerns about the upcoming crop, lending further support. Consequently, prices increased to the price range of USD 190-222 per metric ton. In December 2024, Corn (Maize) prices in Argentina were increased by 6.28% as market focus shifted toward weather developments and export performance entering 2025.

Italy

Corn (Maize) prices FOB Port of Ravenna, Italy.

In Q4 2024, Corn (Maize) prices in Italy declined notably amid improved availability and slowing feed demand. Corn (Maize) Price trend in Italy influenced by the arrival of late-harvest supplies, coupled with increased imports from Eastern Europe, eased supply pressure in the domestic market. Cooler weather and reduced consumption from livestock producers also contributed to weaker demand. Consequently, prices dropped to the price range around USD 230-245 per metric ton. In December 2024, Corn (Maize) in Italy were decreased by 5.49% as the market tone remained subdued, with traders anticipating renewed activity ahead of the next planting season.

Ukraine

Corn (Maize) prices FOB Port of Odesa, Ukraine.

In Q4 2024, Corn (Maize) prices in Ukraine surged significantly amid robust export demand and reduced post-harvest availability. Corn (Maize) Price trend in Ukraine showed strong international buying, particularly from EU and Middle Eastern markets, drove export competition among local traders. Limited port capacity and higher freight costs further tightened supply in the domestic market. Consequently, price range managed around USD 245-275 per metric ton. In December 2024, Corn (Maize) prices in Ukraine were increased by 11.66% as market participants anticipated that ongoing geopolitical and logistical factors would continue to support elevated price levels heading into 2025.

India

Corn (Maize) prices Ex-Chhindwara, India

In Q4 2024, Corn (Maize) prices in India remained largely stable, showing only a marginal increase amid balanced supply and demand conditions. Corn (Maize) Price trend in India were influenced by ample arrivals from late Kharif harvests in Madhya Pradesh and Bihar helped maintain sufficient market availability, while steady offtake from feed mills supported the price floor. Limited export opportunities and stable domestic logistics kept the market subdued. The Price range hovered around INR 21,900-23,000 per metric ton. In December 2024, Corn (Maize) prices in India were increased by 0.71% as the focus shifted toward the Rabi crop outlook, which was expected to influence upcoming price movements.

In Q3 2024, the global Corn (Maize) market exhibited mixed regional trends influenced by harvest dynamics, supply availability, and demand conditions. Prices declined in Brazil, the USA, and Argentina due to seasonal harvest pressure, ample stocks, and subdued export demand, with U.S. corn competitiveness further weighing on South American markets.

Conversely, Italy and Ukraine experienced price gains supported by constrained local production, strong feed demand, and robust export interest. India saw steady price increases driven by higher domestic consumption and limited availability of quality grain following uneven monsoon rainfall. Overall, Corn (Maize) prices fluctuated around 6-10% across major markets with weather developments, export flows, and inventory levels expected to guide price trends into the final quarter of the year.

Brazil

Corn (Maize) Export prices FOB Santos, Brazil.

In Q3 2024, Corn (Maize) prices in Brazil continued to decline moderately due to ongoing harvest pressure and subdued international demand. Corn (Maize) Price trend in Brazil were influenced by abundant local supplies, competitive pricing from U.S. corn, and softening domestic feed demand. Despite some logistical improvements, the oversupply weighed on the market. Consequently, prices dropped around the range of USD 172-200 per metric ton. In September 2024, Corn (Maize) prices in Brazil were decreased by 4.70% as traders monitored regional weather and export orders to anticipate price stabilization in the next quarter.

USA

Corn (Maize) Export prices FOB North West Iowa, USA.

In Q3 2024, Corn (Maize) prices in the USA fell sharply amid seasonal harvest pressure and abundant supply. Corn (Maize) Price trend in USA were influenced by early record yields in the Midwest, which increased available stocks, coupled with softening demand from domestic ethanol production and livestock feed sectors. Competitive international pricing, particularly from South America, also weighed on U.S. corn exports. Consequently, prices declined to around USD 155-170 per Metric Ton. In September 2024, Corn (Maize) prices in USA were decreased by 9.96% as market focus shifted to post-harvest storage logistics and export contracts for the remainder of the year.

Argentina

Corn (Maize) prices FOB Rosario, Argentina.

In Q3 2024, Corn (Maize) prices in Argentina declined moderately amid seasonal supply pressure and slower export demand. Corn (Maize) Price trend in Argentina were influenced by high stock availability following the completion of harvest and subdued buying interest from global feed markets. Competitive pricing from Brazil further limited export opportunities for Argentine corn. As a result, price range managed around USD 165-185 per metric ton. In September 2024, Corn (Maize) prices in Argentina were decreased by 4.06% despite soft global fundamentals, expectations of improving trade activity toward the year’s end provided partial support to market sentiment.

Italy

Corn (Maize) prices FOB Port of Ravenna, Italy.

In Q3 2024, Corn (Maize) prices in Italy continued to rise, supported by reduced local production and firm demand from the livestock feed sector. Corn (Maize) Price trend in Italy during the quarter were influenced by hot, dry conditions in parts of Northern Italy that constrained yields, coupled with higher costs for imported corn from neighbouring EU countries. Strong consumption from the poultry and dairy feed segments added to price support. As a result, the price range managed around USD 230-260 per metric ton. In September 2024, Corn (Maize) prices in Italy were decreased by 3.75% as market focus shifted toward replenishing stocks and assessing harvest prospects for the final quarter.

Ukraine

Corn (Maize) prices FOB Port of Odesa, Ukraine.

In Q3 2024, Corn (Maize) prices in Ukraine rose further amid firm export demand and constrained early harvest supply. Corn (Maize) Price trend in Ukraine were influenced by improving trade flows through Black Sea and Danube routes, as well as strong buying interest from European importers. Weather-related yield concerns in some producing regions added to bullish sentiment. As a result, price range managed around USD 230-260 per metric ton. In September 2024, Corn (Maize) prices in Ukraine were decreased by 6.04% as continued export competitiveness and yield outcomes were expected to shape price direction into the next quarter.

India

Corn (Maize) prices Ex-Chhindwara, India.

In Q3 2024, Corn (Maize) prices in India advanced further due to higher domestic consumption and strong demand from the feed and starch sectors. Corn (Maize) Price trend in India during the quarter were also influenced by reduced availability of quality grain following uneven monsoon rainfall in parts of central India. Increased procurement by traders for export opportunities, especially to Southeast Asian markets, provided additional price support. As a result, the price range managed around INR 21,700-23,100 per metric ton. In September 2024, Corn (Maize) prices in India were decreased by 5.63% as continued demand momentum and weather developments were expected to shape market direction into the final quarter.

In Q2 2024, the global Corn (Maize) market exhibited mixed regional trends, shaped by harvest progress, supply availability, and demand patterns. Prices declined in Brazil, the USA, and Argentina due to seasonal harvest pressure, abundant stocks, and subdued international demand, while Italy and Ukraine saw price gains supported by constrained local production, strong feed sector demand, and robust export interest.

India recorded steady price increases driven by higher domestic consumption and limited quality grain availability. Overall, Corn (Maize) prices fluctuated between 6-10% across major markets with weather developments, export flows, and stock levels expected to influence price direction into the year’s final quarter.

Brazil

Corn (Maize) Export prices FOB Santos, Brazil.

In Q2 2024, Corn (Maize) prices in Brazil declined sharply amid seasonal harvest pressure and ample domestic supply. Corn (Maize) Price trend in Brazil were influenced by large early crop yields, increased availability in major producing states such as Mato Grosso and Paraná, and reduced export demand from key buyers in Asia. Transportation costs remained stable, and storage capacity was sufficient, further easing market tightness. As a result, prices fell around the price range of USD 174-203 per metric ton. In June 2024, Corn (Maize) prices in Brazil were decreased by 12.64% The market focused on export competitiveness and global corn prices for future guidance.

USA

Corn (Maize) Export prices FOB North West Iowa, USA.

In Q2 2024, Corn (Maize) prices in the USA continued to decline modestly amid steady supply and mixed demand signals. Corn (Maize) Price trend in USA was influenced by the improved crop prospects and healthy soil moisture in key states supported expectations of a strong upcoming harvest by keeping price growth subdued. Export shipments remained steady but did not create additional upward pressure. Prices averaged USD 165-180 per Metric Ton, reflecting drop from the previous quarter. In June 2024, Corn (Maize) prices in USA were decreased by 0.70% Traders closely monitored planting progress and regional weather forecasts as potential drivers for future market shifts.

Argentina

Corn (Maize) prices FOB Rosario, Argentina.

In Q2 2024, Corn (Maize) prices in Argentina remained largely stable, showing minimal movement amid balanced supply and demand conditions. Corn (Maize) Price trend in Argentina during the quarter saw strong harvest progress, ensuring consistent domestic availability, while export demand from key destinations like Vietnam and South Korea provided moderate support. Stable currency trends and controlled logistics costs kept price volatility low. Consequently, price range remained unchanged around USD 165-185 per metric ton. In July 2024, Corn (Maize) prices in Argentina were increased by 0.01% as market participants monitored storage capacity and export shipment rates for future price direction.

Italy

Corn (Maize) prices FOB Port of Ravenna, Italy.

In Q2 2024, Corn (Maize) prices in Italy rebounded as domestic demand strengthened and import costs edged higher. Corn (Maize) Price trend in Italy during the quarter saw increased procurement from the feed and starch industries, alongside tighter supply from Eastern Europe due to weather-related delays. Rising transportation expenses and moderate inflation in agricultural inputs also contributed to the upward movement. Consequently, price range managed around USD 225-260 per metric ton. In June 2024, Corn (Maize) prices in Italy were increased by 4.92% Market participants focused on growing conditions in Northern Italy, which were expected to influence the upcoming harvest.

Ukraine

Corn (Maize) prices FOB Port of Odesa, Ukraine.

In Q2 2024, Corn (Maize) prices in Ukraine continued to strengthen as export demand improved and logistical conditions stabilized. Corn (Maize) Price trend in Ukraine during this quarter saw the reopening of alternative grain export routes via rail and river corridors supported higher shipment volumes to European and Middle Eastern markets. Domestic prices were also underpinned by steady feed consumption and moderate stock levels. Consequently, price range managed around USD 245-260 per metric ton. In June 2024, Corn (Maize) prices in Ukraine were decreased by 2.80% as market attention shifted to the upcoming growing season and weather forecasts across central and southern regions.

India

Corn (Maize) prices Ex-Chhindwara, India

In Q2 2024, Corn (Maize) prices in India witnessed a mild increase amid stable production and sustained feed demand. Corn (Maize) Price trend in India during the quarter saw improved procurement from starch and ethanol producers, while overall crop arrivals remained moderate. Favourable weather conditions across major producing belts like Telangana and Andhra Pradesh supported consistent supply, limiting major price spikes. The Price ranged between INR 20,900-21,300 per metric ton. In June 2024, Corn (Maize) prices in India were decreased by 2.16% as the market sentiment stayed balanced with expectations of normal monsoon performance influencing the next quarter’s outlook.

In Q1 2024, the global Corn (Maize) market showed mixed regional performance, reflecting differences in supply, demand, and export activity. Prices increased moderately in Brazil, Ukraine, and India, supported by firm domestic demand, limited carry-over stocks, and weather-driven supply considerations. Argentina experienced a sharp rebound due to strong crop recovery after the previous year’s drought, while the USA and Italy saw price declines amid abundant inventories and subdued domestic and export demand. Overall, Corn (Maize) prices fluctuated between 6-35% across key markets with planting progress, crop conditions, and export flows expected to influence price trends in the upcoming quarter.

Brazil

Corn (Maize) Export prices FOB Santos, Brazil.

In Q1 2024, Corn (Maize) prices in Brazil increased moderately amid firm domestic demand and steady export activity. Corn (Maize) Price trend in Brazil during the quarter were influenced by strong procurement from feed and poultry sectors, alongside favourable weather conditions that supported early crop expectations. Limited disruptions in logistics and stable port operations also helped maintain price levels. Consequently, prices rose to the range of USD 208-240 per metric ton. In March 2024, Corn (Maize) prices in Brazil increased by 3.58% as market participants closely monitored planting progress for the upcoming safrinha crop.

USA

Corn (Maize) Export prices FOB North West Iowa, USA.

In Q1 2024, Corn (Maize) prices in the USA declined amid high stock levels from the previous harvest and subdued export demand. Corn (Maize) Price trend in USA were influenced by favourable winter weather across the Midwest, which ensured smooth storage and transport, and limited buying interest from feed and ethanol sectors. Consequently, prices fell to the price range of USD 170-200 per Metric Ton. In March 2024, Corn (Maize) prices in USA decreased by 6.29% as market participants were focused on the upcoming spring planting and early crop condition reports for guidance on future price direction.

Argentina

Corn (Maize) prices FOB Rosario, Argentina.

In Q1 2024, Corn (Maize) prices in Argentina fell sharply amid a significant recovery in crop output following the previous year’s drought. Corn (Maize) Price trend in Argentina during the quarter were influenced by improved harvest volumes, favourable weather across key producing regions such as Córdoba and Santa Fe, and higher domestic inventories. Softer international demand and stable logistics also weighed on market sentiment. As a result, price range increased around USD 175-205 per metric ton. In March 2024, Corn (Maize) prices in Argentina increased by 34.67% as the market outlook remained focused on export commitments and the pace of farmer sales heading into the next quarter.

Italy

Corn (Maize) prices FOB Port of Ravenna, Italy.

In Q1 2024, Corn (Maize) prices in Italy declined moderately amid comfortable supply levels and subdued domestic demand. Corn (Maize) Price trend in Italy during the quarter were influenced by sufficient carry-over stocks from the previous harvest, stable imports from other European suppliers, and reduced feed sector consumption due to high substitution by alternative grains. Mild winter conditions also supported logistical efficiency, keeping prices soft. As a result, the price range managed around USD 225-255 per metric ton. In March 2024, Corn (Maize) prices in Italy decreased by 3.41% as market sentiment remained cautious, awaiting new planting developments and trade movements in the next quarter.

Ukraine

Corn (Maize) prices FOB Port of Odesa, Ukraine.

In Q1 2024, Corn (Maize) prices in Ukraine recorded a modest rise amid steady domestic demand and limited carry-over stocks. Corn (Maize) Price trend in Ukraine during the quarter were influenced by restrained export shipments early in the year and strong local consumption from feed and processing industries. Despite stable weather and adequate supply, tightening farmer holdings supported the upward momentum. The Price range averaged around USD 230-255 per metric to. In March 2024, Corn (Maize) prices in Ukraine increased by 2.23% as export activity and early planting conditions were expected to guide market sentiment.

India

Corn (Maize) prices Ex-Chhindwara, India.

In Q1 2024, Corn (Maize) prices in India increased steadily amid strong domestic demand and tight supply conditions. Corn (Maize) Price trend in India during the quarter were supported by lower carry-over stocks from the previous season and firm buying from poultry and feed manufacturers. Weather-related delays in sowing across certain regions of Karnataka and Maharashtra also constrained supply flow into markets. Consequently, price range managed around INR 19,900-21,000 per metric ton. In March 2024, Corn (Maize) prices in India increased by 6.08% the pace of arrivals and weather outlook were expected to determine short-term price stability.

Technical Specifications of Corn (maize) Price Trends

Product Description

Corn (Maize) is a versatile cereal grain cultivated worldwide and valued for its high starch content, nutritional richness, and broad industrial usability. It serves as a fundamental raw material across food, feed, and biofuel industries. Known for its adaptability to diverse climatic conditions, corn combines excellent energy yield, processing flexibility, and consistent availability, making it a cost-effective and sustainable agricultural commodity for various applications.

Identifiers and Classification:

  • HS Code – 1005


Corn (Maize) Synonyms:

  • Zea Mays
  • Corn Bran


Corn (Maize) Grades Specific Price Assessment:

  • Yellow Corn Price Trend


Corn (Maize) Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 200-250 MT
  • Packaging Type (Product & Country Specific): Bag


Incoterms Referenced in Corn (Maize) Price Reporting

Shipping Term  Location  Definition 
FOB Santos  Santos, Brazil  Corn (Maize) Export price from Brazil 
FOB North West Iowa  North West Iowa, USA  Corn (Maize) Export price from USA 
FOB Rosario  Rosario, Argentina  Corn (Maize) Export price from Argentina 
FOB Port of Ravenna  Ravenna, Italy  Corn (Maize) Export price from Italy 
FOB Port of Odesa  Odesa, Ukraine  Corn (Maize) Export price from Ukraine 
Ex-Chhindwara  Chhindwara, India  Domestically Traded Corn (Maize) price in India 

*Quotation Terms refers to the quantity range specified for the Corn (Maize) being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for Corn (Maize) packing, ease of handling, transportation, and storage in industrial and commercial applications.

Key Corn (Maize) Producing Regions and Countries

Region  Country 
Matto Grosso  Brazil 
Rio Grande do Sul  Brazil 
Parana  Brazil 
Iowa  USA 
Illinios  USA 
Cordoba  Argentina 
Buenos Aires  Argentina 
Lombardia  Italy 
Veneto  Italy 
Poltava  Ukraine 
Sumy  Ukraine 
Madhya Pradesh  India 
Karnataka  India 

Corn (maize) Industrial Applications

corn market share end use

Historically, several events have caused significant fluctuations in Corn (maize) prices

Climate and Farming Impact (2024)

Severe droughts in Brazil’s Safrinha crop cycle and excessive rains in the U.S. Corn Belt disrupted planting schedules and reduced output quality. Lower yields tightened global corn supply just as feed demand strengthened in China and Southeast Asia. Additionally, environmental compliance and sustainability requirements in Europe tightened export procedures, lengthening shipment timelines. These constraints amplified competition for high-quality Corn (Maize), reinforcing upward price pressure throughout the year.

Feedstock & Logistic Disruptions (2023)

Severe drought conditions in Argentina one of the world’s top corn exporters caused a major production shortfall, sharply reducing exportable volumes and tightening global supply. At the same time, weather-related yield losses in parts of Brazil and the U.S. added further strain to feedstock availability. Logistics challenges, including vessel shortages, high freight rates, and recurring congestion at Brazilian and U.S. ports, delayed shipments and destabilized trade flows. With limited supply and elevated crude energy costs increasing drying and storage expenses, Corn (Maize) markets experienced heightened volatility throughout 2023.

Russia-Ukraine War (2022)

The conflict disrupted shipments from Ukraine one of the world’s largest corn exporters removing millions of tons of grain from global trade channels. Importing nations shifted sharply toward U.S., Brazilian, and Argentine supplies, tightening availability and elevating prices. Rising fertilizer, fuel, and input costs driven by the war significantly increased production expenses for farmers worldwide, further supporting higher price levels. Shifts in grain trade routes and insurance costs added to global market instability.

Fertilizer Price Surge and Farm Input Inflation (2021)

The global rebound in industrial activity triggered a sharp increase in fertilizer, fuel, and crop chemical prices. Higher production costs for farmers in the U.S., Brazil, and Argentina reduced planting intentions and acreage expansion. This constrained supply outlook, combined with renewed feed and ethanol demand, lifted Corn (Maize) prices throughout 2021.

Supply Chain Reconfiguration After COVID (2021)

As global markets reopened, corn demand from feed, food, and ethanol sectors revived rapidly, forcing buyers to rebuild depleted stocks. However, logistics systems were still recovering container shortages, congested ports in the U.S. Gulf and Brazil and limited rail capacity disrupted export flows. These operational bottlenecks tightened near-term supply availability, contributing to firmer Corn (Maize) prices during the recovery phase.

The COVID-19 Pandemic (2020)

Global lockdowns significantly disrupted agricultural supply chains, causing labor shortages across major corn-producing regions such as the United States, Brazil, and Argentina. Restrictions on farm operations slowed planting and harvesting activities, while reduced trucking and port capacity delayed grain movement. Ethanol demand collapsed due to a steep drop in fuel consumption, creating excess corn supply and sharp price volatility. Feed demand also weakened temporarily as livestock operations faced closures, adding further pressure on global Corn (Maize) prices.

Market Liberalization & Price Surge in Argentina (2016)

In 2016, Argentina’s Corn (Maize) market experienced a sharp price upswing driven by sweeping agricultural policy reforms. The government removed export taxes and lifted quantitative export controls, immediately improving farmgate profitability and opening broader access to global markets. Exporters rapidly increased purchases, while producers held stocks to capitalize on stronger international pricing. This shift in trade dynamics, combined with a weaker Argentine peso that boosted export competitiveness, led to a rapid escalation in domestic Corn (Maize) prices throughout the year.

Why PriceWatch?

PriceWatch is your trusted resource for tracking global corn (maize) price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the corn (maize) market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.

In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence corn (maize) prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely corn (maize) market data.

Track PriceWatch's corn (maize) price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Data Collection and Sources​

Event Tracking and Impact Analysis​

Production Capacity and Supply Analysis

Demand Forecasting

Pricing Model Development

Reporting and Client Support

Corn (maize) Market Price Trend provided by PriceWatch is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for corn (maize). PriceWatch disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

Corn pricing is primarily shaped by global supply-demand dynamics, with production volumes in major growers such as the United States, Brazil, Argentina, Italy, India and Ukraine acting as the biggest drivers. Crop yields depend heavily on weather patterns (rainfall, temperature, droughts, and storms), planting acreage and seasonal conditions all of which directly influence supply expectations. Demand from feed mills, ethanol producers, and food-processing industries plays a critical role in determining market direction, while inventory levels and export competitiveness add further volatility. Macroeconomic elements such as freight rates, currency fluctuations, and shifts in government policies particularly import and export regulations, biofuel mandates and farm subsidies can create short-term price swings. Additionally, geopolitical disruptions, transportation bottlenecks, and speculative trading activity in global futures markets often amplify price movements for Corn (Maize).

Negotiating Corn (Maize) Pricing:
• Leverage market knowledge: Keep up to date with global Corn (Maize) supply trends, demand cycles and pricing benchmarks to negotiate with confidence.
• Pursue long-term contracts: Lock in pricing and ensure secure supply by entering agreements during low-price cycles, particularly in volatile periods.
• Diversify sourcing: Compare quotes from multiple suppliers across regions to strengthen negotiation positions and hedge against local supply disruptions.
• Foster supplier relationships: Develop trust and consistent communication to receive priority access and flexible terms in constrained supply scenarios.
• Optimize logistics: Negotiate shipping terms and consider cost-effective delivery modes, as transport delays and freight charges heavily influence landed costs.

Corn (Maize) Procurement Risks and Mitigation:
• Price volatility: Corn (Maize) prices are tied to CPO values and affected by global market sentiment and biofuel policy changes.
Mitigation: Implement hedging strategies (e.g., futures, fixed contracts) and monitor pricing trends for timely purchases.
• Supply disruptions: Weather anomalies, plant shutdowns, and freight congestion can result in delivery delays or shortages.
Mitigation: Diversify suppliers geographically, maintain inventory buffers, and keep close tabs on climatic and operational updates.
• Quality variability: Differences in moisture content and impurities foreign matter presence can affect suitability for downstream applications.
Mitigation: Enforce detailed product specifications, request COAs, and audit supplier production processes regularly.
• Regulatory and currency risks: Trade policies and currency movements directly impact import costs.
Mitigation: Monitor regional trade policy developments and use currency hedging mechanisms when sourcing internationally.
Effective risk planning and strong supplier partnerships are crucial for securing a steady and economical supply of Corn (Maize).

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